The Grumpy Editor's Guide to Personal Finance Managers, Part 2
Posted Sep 29, 2005 12:30 UTC (Thu) by sean.hunter
Parent article: The Grumpy Editor's Guide to Personal Finance Managers, Part 2
The use of the word "commodity" to describe "Type of investment" in the share portfolio part of GnuCash is nonsensical. "Instrument", "Investment" or even "Thingy" would have been much better choices.
A commodity in financial terms is specifically not an equity share. It is usually a specific quantity and grade of a tangible physical thing, often a mining or agricultural product. Gold, Pork Bellies, Soya Beans, Brent Crude and Electricity are all commodities. msft, scox etc are not.
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