System and method for creating model investment portfolios

• US 7,219,077 B1
• Filed: 06/13/2000
• Issued: 05/15/2007
• Est. Priority Date: 06/13/2000
• Status: Expired due to Fees

• Current Assignee: Microsoft Technology Licensing LLC (Microsoft Corporation)
• Original Assignee: Microsoft Corporation
• Inventors: Black, Neil W., Hansen, Peter, Markman, Jon D.
• Primary Examiner(s): POINVIL, FRANTZY
• Application Number:
  US09/592,660
• Time in Patent Office: 2,527 Days
• Field of Search: 705 10- 42
• US Class Current: 705/36.00R
• CPC Class Codes: G06Q 40/04 Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange
• CPC Class Codes: G06Q 40/06 Asset management; Financial planning or analysis

Abstract

A system and method for creating portfolio is disclosed. A user is presented with an efficient method of creating a portfolio using predefined options. Through using the predefined options, the user may quickly create a portfolio that may be used to monitor a market.

Claims

1. A computer-implemented method for creating a portfolio of issues comprising the steps of:

receiving user input via a computer identifying specific issues to be added to the portfolio;

receiving user input via a computer indicating a selection of one of a plurality of options for creating the portfolio;

receiving user input via a computer indicating a purchase date in the past for the portfolio; and

creating the portfolio and calculating the portfolio'"'"'s past performance, using a computer, based on said selection of one of said plurality of options and the past date.

2. The computer-implemented method according to claim 1, wherein said receiving user input indicating the selection includes receiving user input via a computer indicating a selection of an option to allocate a number of shares for each issue.

3. The computer-implemented method according to claim 2, wherein the number of shares is constant for each issue.

4. The computer-implemented method according to claim 2, wherein the number of shares is not constant for each issue.

5. The computer-implemented method according to claim 2, wherein the number of shares for each issue is based on a weighting factor.

6. The computer-implemented method according to claim 1, wherein said receiving user input indicating the selection includes receiving user input via a computer indicating a selection of an option to allocate an equal amount for the purchase of each issue and wherein said equal amount is selected by a user.

7. The computer-implemented method according to claim 1, wherein said receiving user input indicating the selection includes receiving user input via a computer indicating a selection of an option to allocate a total amount for the portfolio.

8. The computer-implemented method according to claim 7, wherein said amount is equally divided between said issues.

9. The computer-implemented method according to claim 7, wherein said amount is not equally divided between said issues.

10. The computer-implemented method according to claim 7, wherein said amount is divided between said issues based on a weighting factor.

11. The computer-implemented method according to claim 1, wherein a historical purchase price for each specific issue in the portfolio is obtained, by the computer, from a historical database, based on the past date.

12. A computer-readable medium having a computer-executable program stored thereon for creating a portfolio of issues, said program comprising the steps of:

receiving identification of specific issues to be added to the portfolio from a user via a computer;

receiving a selection of one of a plurality of options for creating the portfolio from a user via a computer;

receiving input indicating a purchase date in the past for the portfolio from a user via a computer; and

creating the portfolio and calculating the portfolio'"'"'s past performance based on said selection of one of said plurality of options and the past date.

13. The computer-readable medium having said program according to claim 12, wherein said receiving the selection includes receiving a selection of an option to allocate a number of shares for each issue from a user via a computer.

14. The computer-readable medium having said program according to claim 13, wherein the number of shares is constant for each issue.

15. The computer-readable medium having said program according to claim 13, wherein the number of shares is not constant for each issue.

16. The computer-readable medium having said program according to claim 13, wherein the number of shares for each issue is based on a weighting factor.

17. The computer-readable medium having said program according to claim 12, wherein said receiving the selection includes receiving a selection of an option to allocate an equal amount for the purchase of each issue and wherein said equal amount is selected by a user.

18. The computer-readable medium having said program according to claim 12, wherein said receiving the selection includes receiving a selection of an option to allocate a total amount for the portfolio from a user via a computer.

19. The computer-readable medium having said program according to claim 18, wherein said amount is equally divided between said issues.

20. The computer-readable medium having said program according to claim 18, wherein said amount is not equally divided between said issues.

21. The computer-readable medium having said program according to claim 18, wherein said amount is divided between said issues based on a weighting factor.

22. The computer-readable medium having said program according to claim 12, wherein a historical purchase price for each specific issue in the portfolio is obtained from a historical database, based on the past date.

23. A system for creating a portfolio of issues comprising:

an input system for receiving a designation of issues from a user, for receiving a designation of an option from a user for creating said portfolio selected from a plurality of options, and for receiving a historical price associated with each of said issues; and

a processor for determining the number of shares of said issues to add to said portfolio and past performance data relating to the portfolio based on said designated option and said historical price.

24. A computer-readable medium having a computer-executable program stored thereon for creating a portfolio of issues, said program comprising the steps of:

receiving identification of specific issues to be added to the portfolio from a user via a computer;

receiving identification of a past closing date for the issues from a user via a computer;

receiving historical prices for the specific issues based on the past closing date;

receiving a selection of a quantity of said specific issues from a user via a computer; and

creating the portfolio based on the specific issues, the selected quantity of the specific issues, and the historical prices.

25. The computer-readable medium according to claim 24, said program further comprising the step of:

storing said portfolio on a client computer.

26. The computer-readable medium according to claim 24, said program further comprising the step of:

storing said portfolio on a server computer.

27. The computer-readable medium according to claim 24, said program further comprising the step of:

receiving other information regarding the specific issues.

28. A computer-implemented method for creating a portfolio of issues comprising the steps of:

receiving user input via a computer identifying specific issues to be added to the portfolio;

receiving user input via a computer identifying a past closing date for the issues;

receiving computer input including historical prices for the specific issues based on the past closing date;

receiving user input via a computer indicating a selection of a quantity of said specific issues; and

creating the portfolio, using a computer, based on the specific issues, the selected quantity of the specific issues, and the historical prices.

29. The computer-implemented method according to claim 28, further comprising the step of:

storing said portfolio on a client computer.

30. The computer-implemented method according to claim 28, further comprising the step of:

storing said portfolio on a server computer.

31. The computer-implemented method according to claim 28, further comprising the step of:

receiving other information regarding the specific issues.