> > > way. Your way (100 x $20 + 100 x $30) is "how much spent". Most people
> > > want "current worth". They do daily stock price update with gnc-prices
> > > and want to see their current value. So you must do
> > > nr_of_shares x current_price.
> >
> > The question is whether that's what you report in the _register_,
> > or if that is what is reported in the share value reports.
> >
> > My inclination (which is somewhat educated in the matter :-)) is to have
> > the register report _Cost._ Cost does not change over time, and since
> > it tends to reflect cash changing hands, it is _fairly_ objective.
>
> I agree. But I think that the engine does not work this way, although
> I don't know the engine well enough to be sure. I think the engine
> works this way: It has a balance of total shares and the most recent
> price per share. The reported balance then gets total_shares x price_per_shar
> To do it right we may have to change the engine and the stock register.
>
> All those who know the engine better, please comment.
The engine works as you describe above. I should mention that
the engine also computes the cost basis, which is what I believe
you are talking about above.
dave
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