In portfolios, provide ability to show reason for 'withdrawal' of funds such as management fees
I use Portfolio to monitor about $1.5 in funds invested with Schwab. In some cases, some of the funds are allocated to a money manager whom I am testing and who charges a management fee quarterly. When I enter that amount in to that specific portfolio, my only option is to show the fee simply as a 'withdrawal' rather than a specific reason. When I inherited some funds from my Mom, I forced myself to allocate a percentage of the inheritance to a money manager and then monitored his successes versus my own using Vector Vest. Suffice to say that I withdrew the funds allocated to the money manager because my success rate using VV was way ahead of what progress the 'professional' was experiencing.
Tom Claytor commented
Right the portfolio manager needs more flexibility!! I have trouble when I make a mistake and have to redo the whole thing.