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#2
09-16-2008, 02:20 PM
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 Re: Recording Gold Investments In microsoft.public.money, Kevin Campbell wrote: - quote - > Does anyone have any thoughts on how to best record investments in gold or
For coins, I would make each type of coin that is priced uniquely to> silver bullion coins? Does one create an asset account and just record each > coin individually? be a different investment in the investment account. Enter prices manually. |
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#1
09-16-2008, 01:58 PM
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| Re: Recording Gold Investments Chris Cowles wrote: - quote - > "Kevin Campbell" <kcampbel[at]nospam.midmaine.com> wrote in
There's an ETF called "SPDR Gold Trust" (ticker "GLD") that I> message > news:eoGgwoyFJHA.4176[at]TK2MSFTNGP05.phx.gbl... > > Does anyone have any thoughts on how to best record > > investments in > > gold or silver bullion coins? Does one create an asset > > account and > > just record each coin individually? > Create an investment account. Record a purchase or add of > however many > oz you have. Call it gold. Change the value of the investment > using > update prices. As you invest or divest more, use buy or sell. > There may be a symbol available for gold. If so, pricing > updates would > be automatic. believe tracks the price of gold ... but I think it's price is quoted at 1/10 the price of gold. -- John Pollard First initial underscore Last name at mchsi dot com Please reply to newsgroup |
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09-16-2008, 03:41 AM
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| Re: Recording Gold Investments "Kevin Campbell" <kcampbel[at]nospam.midmaine.com> wrote in message news:eoGgwoyFJHA.4176[at]TK2MSFTNGP05.phx.gbl... - quote - > Does anyone have any thoughts on how to best record investments in
Create an investment account. Record a purchase or add of however many> gold or silver bullion coins? Does one create an asset account and > just record each coin individually? oz you have. Call it gold. Change the value of the investment using update prices. As you invest or divest more, use buy or sell. There may be a symbol available for gold. If so, pricing updates would be automatic. -- Chris Cowles Gainesville, FL |
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#-1
09-15-2008, 11:57 AM
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| Recording Gold Investments Does anyone have any thoughts on how to best record investments in gold or silver bullion coins? Does one create an asset account and just record each coin individually? Kevin "The IRS -- I find it interesting that when you combine the words in the above subject line it becomes 'THEIRS'!" --Baton Rouge, Louisiana |
| Tags |
| gold, investments, recording |
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