Dev Team Update – Mar 2019

Aloha!

Two months have passed for 2019, and I hope you’ve been doing well!

Tracking your investment returns will always be a tricky one.. You’ve got to take care of dividends, foreign exchange (forex) rates, withholding tax and what not.. truly a pain!

Don’t you just want to know how much you’ve made at the end of the day right?

So to start tackling this problem, we are rolling out the Beta version for our Portfolio feature to help you invest smarter, faster, and easier with WealthPark!

As it’s still in Beta, pardon us for any unforeseen bugs! Please also highlight it to us so we can fix it!

[Portfolio Walkthrough Video Below]

Note: The portfolio is only available for subscribers.

For Existing Investors – Setting up your Portfolio

  1. Go to “Portfolio” under the Menu.
  2. Tap on the “+” to create a new portfolio.
  3. Enter the portfolio name and currency that you want the portfolio to be tracked in.
  4. Search for the company you invested in and tap on the “+” beside the company.
  5. Tap on “Opening Balance” and fill up that section accordingly.
  6. Once done, tap on “Add to Portfolio” and you’ll be brought to a “Holdings” tab to view the opening position for that stock.
  7. Repeat from Step 1 for other stocks in your existing portfolio.

For New Investors – Entering your first Stock Purchase

  1. Go to “Portfolio” under the Menu.
  2. Tap on the “+” to create a new portfolio.
  3. Enter the portfolio name and currency that you want the portfolio to be tracked in.
  4. Search for the company you invested in and tap on the “+” beside the company.
  5. Since it’s your first trade, fill in the details accordingly. Else, tap on “Opening Balance” if you have bought shares of the company previously and fill up that section accordingly.
  6. Once done, tap on “Add to Portfolio” and you’ll be brought to a “Holdings” tab to view the trade made for that stock.

Buying & Selling Shares after Adding Companies to the Portfolio

  1. Go to “Portfolio” under the Menu.
  2. Tap on an existing company in your portfolio.
  3. Tap on the “+” beside “Trades and Adjustments”.
  4. Select Buy or Sell from the drop-down menu.
  5. Fill up the necessary information accordingly.
  6. Tap on the tick at the top right of the screen.

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Minor improvement for Intrinsic Value (IV) Line

We’ve received feedback on how to improve the IV Line and have made updates to fix it!

The new auto valuation algorithm considers the company’s Animal Classification (Gorilla, Cow, etc.) when evaluating the valuation models. For example, a growth company will be first evaluated based on growth models and their respective stability and margin of safety. If no model is suitable, the next best valuation model will be chosen.

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That’s all the updates I have for you! Do test it out and give us some feedback if you find it useful, ideas to improve, or issues faced!

We will be working to include dividend calculation up next and other improvements to the Portfolio feature! So here’s to your success in investing and many blessings for you and your loved ones!

Till next time ladies and gents ~~

– The WealthPark Development Team

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Gideon Chia

Gideon Chia

Just your everyday geeky-nerd who loves to read and understand how everything works! Wakes up each day excited and wanting to apply or share knowledge to improve the lives of others!

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