Adding Investments to Your Account

To add individual Investments to your Investment Account, navigate to the Investments view, select the Equities tab, and choose the account where the investment is held from the Select Account drop-down box.


Investment View, Equities Tab

Right-click the mouse in the empty space in the view. This brings up the Investment Options context menu. Choose New investment... from this menu. This launches the New Investment Wizard which you use to create your new Investment.

New Investment Wizard

The first thing you'll be asked to enter is the type of investment, whether it's a stock, bond, etc.

Next, the investment details page is presented. The following information is entered on this page:

  • Trading Symbol. The ticker symbol used to identify the investment on whatever market it trades. KMyMoney requires a trading symbol for all investments; however some investments do not have symbols. In this case, you will need to make up a symbol for it.

  • Full name. The friendly, readable name of the investment you're creating, e.g., Advanced Micro Devices, Inc. This name is also referred to as the security.

  • Fraction. The degree of precision to which your holdings are measured. For example, in the US most mutual funds measure holdings to three decimal places, so you would enter 1000 in this field. Stocks are often measured to only whole units, so you could enter 1 for a stock like this.

  • Trading market. Where the stock trades. This is an optional field which is provided for your convenience. This information is not used anywhere else in KMyMoney.

  • Identification. An optional field to enter additional identification information you might like to keep track of. Again, this information is not used anywhere else.

  • Trading currency. The underlying currency in which this investment trades on its market.

  • Price entry. Choose whether the price will be entered as an individual price, or as the total for all shares.

If you are using Online Quotes, ensure that the symbol exactly matches the symbol used by your quote source. Yahoo covers most of the world's markets, and requires a suffix on the end of symbols outside the US. For example, Rubicon Limited on the New Zealand market should be entered as RBC.NZ.

Finally, you're presented with the Online Update screen. This is where you tell KMyMoney how you would like to update the prices of your investment. The following items are set here:

  • Use Finance::Quote. This is an option for GnuCash users who are used to this style of quotes. Most users can leave this unchecked.

  • Online Source. The online source you'd like to use for this particular investment. The most common choice is Yahoo. Try that first, and if the investment cannot be found using this source, then experiment with the others.

  • Factor. A multiplier that should be applied to quotes retrieved for this investment. This is most commonly needed for UK stocks where the price quoted is in pence (1/100), and the stock is denominated in pounds. In this case, enter 0,01 for the Factor.