Disregard what's below, fellas, I was complicating my life, it's really easy.

Thanks anyways!

A section of the MyKMoney documentation, found at https://docs.kde.org/trunk5/en/extragea ... ities.html, states as follows:

Note: This section has been added just in time for the release of Version 5.0.8. The author felt it was important to include at least the basic information now, since this topic has been a source of difficulty for some time. The discussion will be expanded and screenshots of the New Security Wizard will be added as soon as possible.

It is possible to own shares of the same security in different investment accounts, such as a regular investment account and also a retirement account. If you follow the instructions above, you will have that security show up in both accounts, but KMyMoney will actually treat them as if each of the securities is a different underlying equity. This results in duplicate storage, such as having two copies of the entire price history of the equity. Therefore, you may prefer to have both securities refer to the same underlying equity.

When you add a security to an investment account, and that security already exists in another investment account, you need to be careful if you want to reuse it rather than creating a new, duplicate security. When you see the New Investment Wizard, after selecting the type of investment and clicking Next, you need to be sure the Full Name field is empty before entering the Trading Symbol. When you hit Tab, if KMyMoney already has a security using that symbol, it will ask if you wish to reuse it. If you click Yes, it will fill in the rest of that dialog, and you can then just click Next.

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The above section of the official documentation refers to both a "New Security Wizard" and also to a "New Investment Wizard" to deal with the issue of Using a Security in more than one Investment Account.

Does anyone know if these two new wizards will be implemented in the near future, and if there is already any other, easier to follow documentation on this subject matter? I am having great difficulty with this.

Thanks in advance for any help.

Just to provide a quick response, I am the author of that section, and it refers to existing functionality. I will have to review it carefully to see if I might have been sloppy with the wording or terminology. To help you through this now, however, can you say more directly where you are having a problem? Is there something you don't understand, or is it just not working as you expect?

OK, some clarification. If you start entering a transaction in an investment account, and type a security name which does not exist in that investment account, when you tab to the next field, a popup titled Create security) asks if you want to create that security. Click Yes. That starts the "New Investment wizard." Once you select the type of investment and click "Next" you get to the critical page. If you first clear the Full name field, and then enter the Trading symbol, when you hit tab, it will then ask "The selected symbol is already on file. Do you want to reuse the existing security?"

Does this help?

The ability to understand how the money system works is crucial. Not everyone has the education or training about how the financial system operates. But the way we know and use money is critical for financial success. We need to be able to move money around within the system to provide regular returns without it being abused. Anyway, I think that the best solution to understand all these things is to hire a financial coach to teach you all these things. I've read about this thing on wealthtender.com, and It's fascinating!

ostroffjh wrote:Just to provide a quick response, I am the author of that section, and it refers to existing functionality. I will have to review it carefully to see if I might have been sloppy with the wording or terminology. To help you through this now, however, can you say more directly where you are having a problem? Is there something you don't understand, or is it just not working as you expect?

Ok, I see the impact of this but I am about 10 years into entering data. So is it possible to correct the issue, specifically when I update prices manually, I have to find whatever account the security exists and update the price in multiple places.
Is there one place, that stores the security price by symbol irrespective of account ?

I have discussed this previously and I think that having to create the same security in multiple places is not ergonomic and against the logic of a regular user. It seems redundant. From their perspective, a security traded using multiple investment accounts is the same exact security, with same ticker, same parameters, etc. Brokers do not define any of their parameters – the stock exchange does. IMHO the securities added by user should not be tied to any specific Investment account.

Also see:
- https://bugs.kde.org/show_bug.cgi?id=328575
- https://mail.kde.org/pipermail/kmymoney ... 02070.html

wrobelda wrote:I have discussed this previously and I think that having to create the same security in multiple places is not ergonomic and against the logic of a regular user. It seems redundant. From their perspective, a security traded using multiple investment accounts is the same exact security, with same ticker, same parameters, etc. Brokers do not define any of their parameters – the stock exchange does. IMHO the securities added by user should not be tied to any specific Investment account.

Also see:
- https://bugs.kde.org/show_bug.cgi?id=328575
- https://mail.kde.org/pipermail/kmymoney ... 02070.html

IMHO the securities added by user should not be tied to any specific Investment account.

Well, I have to disagree. I have the same security in 3 different accounts. TIRA, Roth, and taxable. All bought at different times and at different prices. So maybe I did not understand your comment. Though there is only one current price no matter in which account.

I see the need to keep multiple prices per security. At a minimum, bought price(per account), sold price(per account), current price (globally), and others which do not come immediately to mind.

I have been also struggling with issues related to this.

I sometimes see that I have an investment account where all shares in an equity have been sold, but prices for that equity are still being downloaded. I can't just clear the download settings for that equity without first checking other investment accounts, to make sure the same equity doesn't have a non-zero share balance somewhere else.

It would be nice if there were a global option to disable price downloads for any equity with a zero balance in all investment accounts.

Section_8 wrote:I have been also struggling with issues related to this.

I sometimes see that I have an investment account where all shares in an equity have been sold, but prices for that equity are still being downloaded. I can't just clear the download settings for that equity without first checking other investment accounts, to make sure the same equity doesn't have a non-zero share balance somewhere else.

It would be nice if there were a global option to disable price downloads for any equity with a zero balance in all investment accounts.

A wish list item has been opened for this on the KMyMoney bug tracker