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JCSM Shareware Collection 1996 September
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JCSM Shareware Collection (JCS Distribution) (September 1996).ISO
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financal
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invest54.zip
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TUTORIAL
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1994-11-26
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THE INVESTOR'S EDGE TUTORIAL
============================
A series of "TUTORIAL FILES" are on the diskette representing the files
of a typical investment account. They are provided to permit the new
user to manipulate existing investment files for quick familiarization
with the program. This tutorial then leads the user through the steps
to create another account and create investment files in that account.
Up to 200 accounts for individual investors may be created and each
account can handle up to 396 investments. The program may be run either
from a hard disk or from the diskette but will run much faster from a
hard disk. (You must have previously run the setup program as outlined
in the README file)
At this point, review the "GENERAL RULES & INSTRUCTIONS" on page 5 of
this document. Then follow the directions from this point on.
(This document is designed to paginate properly on a dot matrix printer.
Although it does not paginate properly on a laser printer, it is easily
readable).
OPENING AN INVESTMENT DOCUMENT
From the root directory of the hard disk type IE and press ENTER. (If
running from a diskette place the program disk in drive a: and from the
root directory press IE and ENTER). The program will load and a logo
will appear. Follow instructions on the screen or press ENTER until the
INTRODUCTORY MENU appears. Press 'W' at the INTRODUCTORY MENU. The
list of accounts appears, now only the TUTORIAL account. Press '1' and
ENTER to select the TUTORIAL account. The MASTER MENU appears.
SCREENING AN INVESTMENT FILE
Press '4' at the MASTER MENU. The SCREENING MENU will appear.
Press '1' at the SCREENING MENU to screen an investment file.
You will be asked "WHAT INVESTMENT FILE DO YOU WANT?"
Press 'F4' and ENTER to see the list of file names and select '1' from
the menu that appears as we wish to find the file name of a stock.
Type 'S4' and ENTER to select GENERAL MANUFACTURING COMPANY.
The header and the first nine transaction records will be screened.
Press ENTER for more records.
The program will then state, "INPUT THE CURRENT MARKET PRICE".
Type in '74' as the market price and press ENTER.
The screened report will be completed followed by the prompt:
RETURN TO MASTER MENU PRESS ENTER: RESCREEN PRESS 1: HARD COPY PRESS 2
Press '1' to rescreen the file
This time when asked for the price, press 'P' and ENTER. The 74.00
price is entered automatically from the register of current prices.
Press ENTER to return to the MASTER MENU.
Note: See item 13 (page 5) in the GENERAL RULES & INSTRUCTIONS relative
to use of the register of current prices.
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SCREENING THE PORTFOLIO
Press '4' at the MASTER MENU then press '2' at the SCREENING MENU.
Press '0' at the PORTFOLIO MENU then press '1' at the EXCLUSION MENU.
The portfolio is screened.
Press any key and the PORTFOLIO BREAKDOWN MENU appears.
Press '1' for the breakdown by class report. Press any key to continue.
Press '2' for the chart of risks. Press ENTER for the MASTER MENU.
Repeat the above procedure except press '1' at the PORTFOLIO MENU.
Then press '1' at the PORTFOLIO EXCLUSION MENU.
A portfolio of stocks only will appear.
When individual investment files are created they may be coded to permit
presentation as sub portfolios of the overall portfolio. To view the two
sub portfolios in this tutorial account proceed as follows:
Press '4' at the MASTER MENU, '2' at the SCREENING MENU, 0 at the
PORTFOLIO MENU, and '3' at the EXCLUSION MENU. A list of sub portfolios
appears with the message:
WHAT SUB PORTFOLIO DO YOU WISH TO SCREEN?
Press '1' and a sub portfolio of investments in FIRST INVESTMENT ANNUITY
(ABC LIFE) appears. Press 'M' to return to the MASTER MENU.
COMPUTING THE INTERNAL RATE OF RETURN OF AN INVESTMENT
Press '6' at the MASTER MENU and press ENTER at the screen that follows.
At the request for the investment file type S4 and ENTER.
Press '1' to use the present portfolio value.
Then press '1' again to compute the IRR as of the last transaction date.
Note: It is possible to compute at a later date but not earlier.
Now press '1' a third time to compute the IRR of the complete file.
The Internal Rate of Return report will be computed and screened.
Press '1' for another IRR run. (This time we will run file S3).
Type S3 and ENTER then press '1' at each of the next three prompts.
After the report is screened press '2' to screen the weighted average.
Then press ENTER to return to the MASTER MENU.
SCREENING THE NET WORTH STATEMENT
Press '7' at the MASTER MENU for the net worth statement.
Press '0' to screen the statement. Follow the on screen instructions.
Press 'M' from the NET WORTH MENU to return to the MASTER MENU.
CREATE A NEW ACCOUNT
Now we will create a sample account which you may later delete.
Press 'M' at the MASTER MENU to return to the INTRODUCTORY MENU.
Press 'C' at the INTRODUCTORY MENU.
Now enter 'John Jones' for the account name and press ENTER.
The following message appears:
DO YOU WANT THIS ACCOUNT PASSWORD PROTECTED (Y or N)?
Press 'Y' and the following instruction appears:
ENTER THE PASSWORD
or
PRESS ENTER FOR NO PASSWORD
In this example, press ENTER for no password.
Press 'W' at the INTRODUCTORY MENU that reappears.
Now two accounts appear in the list of accounts.
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CREATING AN INVESTMENT IN THE ACCOUNT
(CREATE THE INVESTMENT HEADER)
Press 'W' and ENTER from the INTRODUCTORY MENU to select the account.
Press '1' from the MASTER MENU to create an investment file.
Press '1' from the next menu to create a stock file.
A file name of S1 is automatically assigned
(As the items of the investment header are entered
they will form the header at the top of the screen).
Enter the investment as 'GENERAL MANUFACTURING CO.' and press ENTER.
Enter how it is legally held by typing "Family Trust" and press ENTER.
Now you are asked to enter three code symbols, a risk factor, a portfolio
symbol and an asset allocation symbol such as 4/G. The first character
(4) is the risk factor, the second character (/) calls for the total
portfolio when screened and the third character (G) is the asset
allocation symbol stating that it is a growth and income investment.
If the second character is a '2' instead of a '/' the investment becomes
part of sub portfolio 2 as well as being included in the overall
portfolio. Sub portfolio numbers from 1 to 9 may be used.
At the request for these entries you may press 'H' for help on assigning
risk factors or you may press 'P' to view the list of sub portfolios. No
sub portfolios now exist in this new account.
Press 'H' and select a risk factor from the risk pyramid (e.g. 4).
Now enter 4/L and press ENTER. This classifies the file as having a
moderate risk of 4, as not part of any sub portfolio, and being a long
term growth fund.
Now enter the ticker symbol and press ENTER.
For this unlisted stock use GCMC* as General Manufacturing Co. stock is
also in the TUTORIAL account and the ticker symbol is in the register.
Enter anything at the two requests for comments or just press ENTER.
Type 'N' and ENTER indicating that earnings are not automatically
reinvested. (Use care. This selection can not be edited later).
The header at the top of the screen seems to be OK so press ENTER.
(ENTERING TRANSACTION RECORDS)
From the TRANSACTION CLASSIFICATION MENU press '1' for a purchase.
(As data is entered, it will form the record at the top of the screen).
At the prompts:
Enter a transaction date using the format at the bottom of the screen.
Enter '100' as the number of shares purchased and press ENTER.
Type in a price of '74' and press ENTER.
Type in the commission and press ENTER. (Use '70.00' in this example)
(You now have the option to start over or accept the record).
Press ENTER to accept it.
Type 'Y' to enter another record, this time an income record.
Select '3' from the TRANSACTION CLASSIFICATION MENU.
Enter the date for this transaction and press ENTER.
Enter the dividend and press ENTER. (Enter '60.00' for this example).
Press ENTER to accept the record.
Type 'N' and ENTER indicating there are no more records to be entered.
Enter the market price of 74.00 when requested and press ENTER.
The MASTER MENU appears.
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VIEW THE FILE CREATED
Press '4' from the MASTER MENU. The SCREENING MENU appears.
Press '1' from the SCREENING MENU.
Type the file name 'S1' and ENTER. The file appears on the screen.
Type in the price of '74.00' (or press 'P') and press ENTER.
(The footer information appears and the screening is complete).
(If 'P' was pressed for price, 74.00 would be entered from the price
register as the file contains the same ticker symbol as file 'S4' in
the tutorial account. Once in the register, the price applies to all
accounts).
Press ENTER to return to the MASTER MENU.
EDIT THE HEADER OF THE NEW FILE
Press '3' at the MASTER MENU then press '3' at the EDITING MENU.
The request for the file name appears.
Type 'S1' and press ENTER at the request for file name.
(The investment header appears followed by a list of items to edit).
(In this example we will edit how it is legally held).
TO EDIT
1 - THE ENTIRE HEADER
2 - THE INVESTMENT NAME
3 - HELD BY
4 - RISK FACTOR
5 - TICKER SYMBOL
6 - THE TWO COMMENTS
Press '3' and type in 'Mr. E. B. Jones' and press ENTER
(The correction appears in the header and the following appears below).
TO CORRECT AN ITEM PRESS 1: IF OK PRESS ENTER
If '1' is pressed you may correct another item but now press ENTER.
Enter the current price of 74.00 (manually) at the request for price.
You will be returned to the MASTER MENU.
EDITING TRANSACTIONS OF AN INVESTMENT
(ADDING A RECORD TO THE FILE)
Now assume that it is some time later and a dividend has been received.
Press '3' at the MASTER MENU. The EDITING MENU appears.
Press '1' at the EDITING MENU to add records to the investment.
Type the file name 'S1' and press ENTER at the prompt for file name.
(For any income, whether automatically reinvested or not,
use selection '3' from the TRANSACTION CLASSIFICATION MENU).
Press '3' at the TRANSACTION CLASSIFICATION MENU to enter income.
Enter the date of the transaction and press ENTER at the prompt.
Type '64.00' for the income received and press ENTER.
Press ENTER again to accept the record.
Press 'N' as you do not want to add more records.
You are returned to the MASTER MENU.
SCREEN THE PORTFOLIO THAT WAS AUTOMATICALLY CREATED
Press '4' at the MASTER MENU
Press '2' at the SCREENING MENU to select the PORTFOLIO MENU
Press '0' from the PORTFOLIO MENU to screen the complete portfolio.
Press '1' at the EXCLUSION MENU.
The portfolio with one investment appears on screen.
Press ENTER then 'M' to return to the MASTER MENU.
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(EDITING A TRANSACTION RECORD)
Press '3' at the MASTER MENU. The EDITING MENU appears.
Press '2' at the EDITING MENU to edit a transaction record.
Type 'S1' and ENTER at the prompt to select General Manufacturing Co.
Press 'F5' and ENTER to review the records of the investment.
Note the record number to be changed (record #2) and press ENTER.
Type '2' and press ENTER. You have selected record number 2 to edit.
The record will appear at the top of the screen.
Press '3' at the TRANSACTION CLASSIFICATION MENU for an income record.
(The menu disappears but the record to be edited remains on screen).
Enter the desired changes as each input request is made.
(The new input will appear below the original record).
Press ENTER to accept the changed record.
Type 'N' to indicate you have no more changes to make.
Input the market price (Manually) at the prompt and press ENTER
You are returned to the MASTER MENU. Press 'M'
There are several ways to update the portfolio for change of price. Any
single investment can be updated using '2' at the MASTER MENU. Any time
a header record is edited, the current market price must be entered which
updates the portfolio. Anytime that a change of a transaction record
changes the investment value, the portfolio is updated. All investments
in all accounts can be updated by pressing 'U' at the INTRODUCTORY MENU
and the '3' from the STOCK PRICE UPDATE MENU. Current prices may be
entered into the register by using '2' from the menu.
You may now delete account #2 named 'John Jones' using 'D' at the
INTRODUCTORY MENU and create an account for your own financial records.
Alternately you could rename the account to your name using 'R' at the
INTRODUCTORY MENU and then erase the files you have created by using '5'
at the EDITING MENU.
To exit the program press 'M' at the menus until the INTRODUCTORY MENU
appears. Select 'S' at the INTRODUCTORY MENU.
GENERAL RULES AND INSTRUCTIONS
1. File names are automatically assigned and managed as below.
S1, S2, etc. for stocks: B1, B2 etc. for bonds
D1, D2, etc. for fixed dollar denominated investments(bank account).
P1, P2, etc. for appreciable dollar denominated investments(Gold).
2 The risk factor, the portfolio symbol and the asset allocation
symbol are entered in one group of 3 characters. This group is
entered into the investment header file. These symbols control how
portfolios are reported and how the portfolio risk is reported.
3. The risk factor is the first character of the group and should be
assigned to all investments. Otherwise the chart of risks will not
be accurate. For guidance in assigning risk factors press 'H' when
asked for the risk factor.
4. The portfolio symbol indicates whether the investment is also a part
of a sub portfolio. If it is not a part of any sub portfolio the
symbol is a '/'. If it is a part of a sub portfolio the symbol may
range from 1 to 9. It is the second symbol in the group. Entry of
a portfolio symbol is optional except that if an asset allocation
symbol is to be entered, a portfolio symbol must be entered. If no
portfolio symbol is entered it defaults to a '/'.
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5. Entry of an Asset Allocation symbol to investment file is optional.
It must be the third character in the group. The allowable symbols
show at the bottom of the screen. If applied, it appears after the
portfolio symbol. An entry appearing as of 42L would indicate a
moderate risk investment which would also become part of sub
portfolio 2 and would be classified as a long term growth
investment. If it was entered as 4/L it would not be part of any
sub portfolio.
6. By means of a menu selection, you may screen the portfolio without
showing any investments coded to sub portfolios.
7. The investor may assign ticker symbols to unlisted stocks or funds.
such as an investment club fund. To avoid conflicts use five
characters: For stocks, the last character being an '*'. For funds
the last two characters being '*X'.
8. When income is received, whether reinvested or not, always select
'3' from the TRANSACTION CLASSIFICATION MENU when entering income.
9. Data may be entered to any number of decimals. The reports show
only two decimals except in the case of price and shares which shows
to three decimals.
10. A zero entry for numeric data may be made by pressing ENTER.
11. A transaction record may be inserted anywhere in mid file after the
first record. To do this, when asked for the file name press 'F8'
and press ENTER and then enter the file name.
12. For a stock split, enter a record for the additional shares at no
cost and correct the price in the price update register. Then
update all accounts using '2' at the STOCK PRICE UPDATE MENU.
13. An expense entry for a fixed dollar investment is considered as out
of pocket. If out of the investment, add a withdrawal record.
14. The price input when screening or printing an investment file does
not change the value in the portfolio.
15. The program updates the portfolio any time the value of the
investment is changed by an editing action or if any record in the
header is changed at which time you must enter the current price.
16. The program contains a price register that holds the current prices
of stocks and mutual funds. When asked for price, when screening or
printing files, the price may be obtained from this register by
pressing 'P' and ENTER. Also all portfolios of all accounts can be
updated in one operation from this register by pressing '2' at the
STOCK PRICE UPDATE MENU. Any time a new stock or fund file is
created the ticker is added to the register but it is not priced.
Tickers may be priced by selecting '1' from the STOCK PRICE UPDATE
MENU which may be accessed using 'U' at the INTRODUCTORY MENU. All
accounts can be updated for price by selecting '2' from the menu.
17. Any individual investment may be updated by using '2' from the
MASTER MENU. Entering a price here does not put it in the register.
Update dollar denominated appreciable investments by this method
18. Do not confuse updating the portfolio with updating the register
19. Never attempt to copy individual files using the DOS copy command.
This can lead to serious trouble. Always work within the program.
20. The ticker register used in the supplementary programs is not the
same register used in the main program.
21. All editing of files is done from the EDITING MENU except for
editing net worth files which is done from the NET WORTH MENU.
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19. Function key assignments are:
F1 General escape to appropriate menu.
F2 Presents a sub portfolio menu from which you may list the sub
portfolios, rename a sub portfolio or delete a sub portfolio
from the list.
F3 Brings up the note pad. If in an account it brings up the
note pad for that account. If at the INTRODUCTORY MENU it
brings up the general note pad.
F4 Lists investment file names along with the investment names.
F5 For review of investment records when editing records. Also
permits entry of expense in conjunction with an income entry.
F6 Screens the notes after you have accessed the note pad.
F7 Calls up the calculator.
F8 Sets mode for inserting a transaction record in mid file.
The serious user should refer to the bound USER'S MANUAL which covers
all of the features of the program in detail.
SPACE RESERVED FOR USER NOTES
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