01-05-2015, 08:31 AM
Hi,
If I want to track performance of my individual stocks, how do you track a stock that has a spinoff?
Take Boustead for example.
1. Suppose if I had 3 lots initially bought at $1.80 bought on 10 Jan 2015 (it's hypothetical, so the price and date doesn't match).
2. As of 30 April 2015, it is $1.415.
3. The Spinoff, boustead projects, is $1.045, with 900 shares.
If I'm tracking a portfolio using XIRR, it would have been easy, but if I would like to track individual stock, I'm a little confused.
Should I subsume boustead projects under boustead still? Or should I consider it as 2 different stock and track on another table. But, it would appear like a huge loss on my original purchase.
Appreciate any ideas on managing this calculation.
If I want to track performance of my individual stocks, how do you track a stock that has a spinoff?
Take Boustead for example.
1. Suppose if I had 3 lots initially bought at $1.80 bought on 10 Jan 2015 (it's hypothetical, so the price and date doesn't match).
2. As of 30 April 2015, it is $1.415.
3. The Spinoff, boustead projects, is $1.045, with 900 shares.
If I'm tracking a portfolio using XIRR, it would have been easy, but if I would like to track individual stock, I'm a little confused.
Should I subsume boustead projects under boustead still? Or should I consider it as 2 different stock and track on another table. But, it would appear like a huge loss on my original purchase.
Appreciate any ideas on managing this calculation.