tag:infinitekind.tenderapp.com,2009-01-14:/discussions/investments/7534-securitiesInfinite Kind: Discussion 2023-05-09T22:00:23Ztag:infinitekind.tenderapp.com,2009-01-14:Comment/578577722023-02-07T20:32:50Z2023-02-07T20:32:50ZSecurities<div><p>I can speak to cost basis. This needs to be per investment account, not set once on the security master.</p>
<p>I personally hold the same stock in different investment accounts and use LOT matching for some and average for others. Eg company stock options have to be LOT matched, whereas in a general investment account, they are average costing.</p></div>Stuart Beesley (Mr Toolbox)tag:infinitekind.tenderapp.com,2009-01-14:Comment/578577722023-02-07T21:56:34Z2023-02-07T21:56:34ZSecurities<div><p>The broker you have outlined one use case but also think of mutual funds. You can have multiple master funds that may have investments n some of the same individual funds.</p>
<p>The Dividend amount is just a static bit of info, I'm not sure it is of any use and it is not used anywhere that I know of.</p>
<p>The type gets more nuanced and again think of funds. In one Investment account you may have them classified into broad groups like Fixed Interest, Shares, Property. In another fund you may say just have shares and could classify them as Domestic or International, or even classify them according to sectors like industrial, consume discretionary, food etc.</p>
<p>Flexibility is one of the key words as to where information is stored, and data is stored globally where it really could not and should not be anywhere else.</p></div>dwg