[kmymoney] [Bug 397587] New: Ability to Schedule Transactions for Investments

[bugzilla_noreply at kde.org]

https://bugs.kde.org/show_bug.cgi?id=397587

            Bug ID: 397587
           Summary: Ability to Schedule Transactions for Investments
           Product: kmymoney
           Version: unspecified
          Platform: MS Windows
                OS: MS Windows
            Status: UNCONFIRMED
          Severity: wishlist
          Priority: NOR
         Component: general
          Assignee: kmymoney-devel at kde.org
          Reporter: warren_schaub at hotmail.com
  Target Milestone: ---

The situation: In the U.S.A. it is common for companies to offer a 401K or 403B
retirement plan.  These are typically a pre-tax payroll deduction that is
directed to an investment firm to buy stocks or mutual funds for the employee
in a fixed amount.  

This is commonly done by directing the payroll deduction into an cash account
with the investment firm (e.g. Fidelity Investments) belonging to the employee. 
Then, on a regular schedule, investments are purchased from the cash account.  

For example, from every bi-weekly paycheck one might have $225 directed into
the cash account and then $75 of Stock A, $75 of Mutual Fund A and $75 of
Mutual Fund B would be purchased using the cash account.  The dollar amount is
fixed for the purchases, the quantity varies based on that day's price of the
investment. 

The ability to schedule investment purchases (i.e., Buy Shares) would save much
time spent looking up the price on a given day and/or the quantity purchased.  

Of course with three variables (Total Amount, Price and quantity) this would
mean the scheduled transaction would need the ability to use that day's price
for the security.    Hmmmm, a bit of a challenge I would say.  Maybe something
to ponder on.

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