Hello, I’m just starting with Portfolio Performance and with Portfolio tracking in general.
I switched from Questrade to Wealthsimple for my broker.
To start a new portfolio within the software, I don’t want to backtrack all transactions from Questrade. I setup a Delivery (Inbound) transaction.
For the Quote, should I use the book value or the market value for the share price? Both are available on the transaction paper.
Hey Martin_Boucher,
It depends on what you want PP to show. If you want to track your performance from now on you would book the market value at the date of the inbound delivery. If you want PP to show the performance of the securities since the date you purchased them you need to use the book price. The latter, however, only makes sense if you bought the security once (no re-byes or saving plans) … but then you could also book the original transaction easily by a single booking.