Creating Your Portfolio

Icarra portfolios are composed of transactions. An example transaction might be: Buy 15 shares of stock XYZ on 8/12/1979 for $800. Tracking a portfolio by transactions allows a portfolio to be viewed over its lifetime which is more helpful than tracking only a portfolio's current value.

Entering transactions is easy. There are 3 ways to enter transactions:

One at a time. A helpful dialog box guides the user, making this the easiest way to enter transactions.
Many at once. This allows the user to quickly build a portfolio. It is most useful for someone knowledgable about Icarra transactions.
Import from a file. Currently OFX, Quicken .qif, Schwab .csv and Ameritrade .csv formats are supported. Using this method makes building a brokerage portfolio a breeze.

A helpful diagram makes adding transactions easy.

Multiple transactions can be added in one step.

Transactions for simple portfolios are based purely on dollar amounts: Choose when to move money into and out of positions without worrying about details like how many shares you are purchasing. Transactions for detailed portfolios include number of shares and trading costs which makes them useful for tracking brokerage accounts.

Icarra can also track custom positions. Custom positions are user-defined and allow you to add anything to your portfolio: Your house or investment real estate, rare coins, baseball cards, etc.

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