TLDR; If you are using or plan to use the Other Assets feature in StocksCafe, you should continue reading. Else, you can skip.
About 5 years ago, we introduced the ability to track assets other than those listed in exchanges supported by StocksCafe. The motivation is simple. Everyone of us have assets beyond those supported by StocksCafe.
However, we made a mistake. In the backend, we created Other Assets as a completely different type of entity from supported Exchanges which made it difficult to integrate with many parts of StocksCafe.
As we started adding special “Exchanges” like Singapore Savings Bonds, CryptoCurrencies and Singapore T-Bills, we realized that we could have done things differently. This is when we started thinking about creating yet another “Exchange” called Custom Assets that would allow users to manually create any assets and track them like any other assets in supported Exchanges.
How to create and track Custom Assets?
It only takes a few simple steps to add any asset to your account:
0) Login to StocksCafe – Via this login page.
1) Define the custom asset – Define a new asset on this page.
2) Input transactions – Input transactions that you have performed with the new asset on this page (e.g. when you buy/sell).
3) Input dividends (if any) – Input past or upcoming dividends by going to the Stock page (then dividend tab) by clicking on the Symbol in assets listing. Note: Since Custom Asset created by you is only viewable by you. Adding dividends this way or via Dividend Override is the same.
4) Input EOD (or value/close) – Input past or future EOD by going to the Stock page (then recent tab) by clicking on the Symbol in assets listing.
5) Recommendation – Ideally, you should track custom assets in a separate portfolio as they do not have daily values (unless you add it everyday) which can affect various metrics in StocksCafe
FAQs
Q: Are these custom assets private to me?
A: Yes, only you can see the custom assets created and all related data.
Q: What will happen to Other Assets?
A: Eventually, we would completely deprecate Other Assets.
Q: Will you help with the migration of Other Assets into Custom Assets?
A: Yes, I built a tool to support the migration from Other Assets into Custom Assets.
Q: I noticed many of the above links are m.stocks.cafe instead of stocks.cafe. Why is that so?
A: It is because one of the key goals for StocksCafe is consolidation and simplification. That includes combining Desktop and Mobile experience into one consistent experience. This basically mean that we will eventually replace the current Desktop UI with the current Mobile UI. (Note: We will only replace Desktop UI after replicating most of the frequently used features in Mobile UI which will likely take many months)
As always, feel free to reach out whenever if have any questions via the forum about this new feature.
Happy investing!
if i am manually moving them over, should i delete them from Other Assets?
otherwise it seems to be double counting networth under Dashboard.
Hi there, yes, if you are manually migrating it, you should delete them from Other Assets.
big supporter of the site so sorry but the UI on this is painful.
– no way to navigate to it besides clicking on directed links from this article. cant find links to custom assets page from the site.
– it accepted my symbol with a period in it, and is able to search for it when adding a transaction, but then it tells me ticker should not have a dot in it when trying to add the transaction.
– i cant add a transaction from the assets’ page, so have to manually key in the symbol.
i guess i’ll continue using Other Assets for now until it is fully deprecated and there is a migration tool for it.
1) If you are on the desktop site (i.e. https://stocks.cafe) then you will not be able to find it. If you are on m.stocks.cafe (available both on Mobile and Desktop), it is the last tab of Portfolio page.
2) Ah.. I will block creation of Custom Assets with any symbols. Should allow only alphanumeric.
3) You should be able to add transaction for Custom Assets just like any other tickers/symbols in supported Exchanges.
4) Yes, do wait for the migration tool. Easier. I also need it myself 🙂
Done. You cannot enter symbols that are not alphanumeric
thanks evan. can you allow adding of transaction for each asset within the asset’s page itself?
Done. Ensure you are on v3.1.53
For any users trying to add Custom Assets(CA) and having error messages when trying to add transactions to your newly added CA, the below steps worked for me :
(1) When creating your CA, your symbol should only contain alphanumeric for example “BBL” would be fine but symbols like “BBL.BK”, “BBL:TB” and “BBL/F:TB” will not work.
(2) When adding transaction, choose “CA” under exchange and just search “BBL” and your CA full name will show automatically and you will be able to add transaction without error message of the wrong format of the symbol popping up.
Evan : can i check with you two things :
(1) When I create a new CA i have to indicate the usual currency for the CA, using the example of BBL above, i enter THB in my usual currency for CA, then when I add transaction for the said CA, i have to manually ente rcurrency THB again – is it possible to have THB automatically selected at add transaction page once i have entered usual currency for the CA please?
(2) You mention the plan is to replace the Desktop UI with the Monile UI – currently Im using the Desktop UI all the time as the Mobile UI is missing quite a few information columns under the Portfolio page and i think notes on each asset might be missing as well (im not sure about this second point as I havent used Mobile UI much until today to add CA), my question is would all the functions available on Desktop UI currently be migrated to Mobile UI before the Desktop UI is replaced?
A suggestion i have is to let the CA every user adds be a public symbol so it is available to every other user of stockscafe, and also to allow any user to enter EOD updates of any CA. In this way, say one of my CA is Bangkok Bank on SET, if other users also track the same stock counter, one user updating the EOD of the CA would save every other user the need to enter the EOD. Im not sure how viable this might be in that your CA feature is designed to be user specific so this would not be possible, but just thought I would share this suggestion.
Thanks for all your hard work on Stocks Cafe.
Hi Yvonne,
(1) When I create a new CA i have to indicate the usual currency for the CA, using the example of BBL above, i enter THB in my usual currency for CA, then when I add transaction for the said CA, i have to manually ente rcurrency THB again – is it possible to have THB automatically selected at add transaction page once i have entered usual currency for the CA please?
Sure. I will work on this soon. Follow this ticket for the progress -> https://stocks.cafe/friend/viewissue?issue_id=2670
2) my question is would all the functions available on Desktop UI currently be migrated to Mobile UI before the Desktop UI is replaced?
No. I will not migrate until most of the frequently used features are replicated in the Mobile UI. I intend to do them in the next 3-6 months.
3) A suggestion i have is to let the CA every user adds be a public symbol so it is available to every other user of stockscafe, and also to allow any user to enter EOD updates of any CA.
This is a good idea. But I think what I will do would be a hybrid of this. I believe some symbols are definitely private (e.g. CPF) but Users can choose to make their symbols public if they want to. Yes, the implementation of it might be more complex. Need to think harder. -> https://stocks.cafe/friend/viewissue?issue_id=2671
Cheers,
Evan
I use Other Assets to track/consolidate my stuff into one place eg. Robos, insurances, CPF.
Will look forward to the migration tool. Thanks.
Sure. It should be ready within a few weeks.
Hi Evan,
Sorry to trouble you….can I clarify why “Customs Assets” is not available on the desktop version? Is this temporary unavailable or intend to be permanent?
Does that mean Customs Assets feature can only be found in “m.stocks.cafe” version only going forward?
Hi Ed, thank you for your question.
1) m.stocks.cafe is also available on desktop.
2) The eventual plan is to migrate fully to m.stocks.cafe which can run on mobile, desktop and also apps. I aim to complete this migration by end of this year. The purpose is to have one consistent user interface and also for me to not have to manage so many code bases.
Cheers,
Evan
icic….got it. Thanks a lot for the enormous efforts in recent upgrades to make StocksCafe even better for all….appreciate! You are the Bestz!
Evan, this is an excellent upgrade. I did my migration manually, and everything works great.
It’s a big relief to consolidate Other Assets with my stock portfolio.
Thanks!