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> - I never quite understood how to 'start' the ledger balance. Should I start on the first of the year when my account was at $56 or today when it's at $76 ... where does this $ come from?

That's not ledger-related, that's double-bookkeeping related. What you want to do is something like:

    2014-07-05 Opening balance
        Assets:Checking         $ 56.00
        Equity:OpeningBalance   $-56.00
Actually, there is, in the wonderful ledger manual, something about that. Of course, Equity:Opening balance will remain forever at -56.00, but that's not a problem.

Wrt to investments, I haven't really explored that part yet, but there is a description of how you're supposed to track your portfolio.



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