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I am building a "Fake" bank, when a user signs up, he/she starts out with a $500,000 loan from the bank. He/she then can buy or sell stuff, and each transaction will be stored in a table in the database.

 

I am wondering, will I get an accurate user balance if I use mysql SUM on ALL of the users transactions?

 

SELECT SUM(`amount`) as loanSum FROM bank WHERE owner = '$this->owner' AND (type='l' OR type='d' OR type='w')

 

type l = loan

type d = deposit

type w = withdrawal (this contains a negative value such as: -400)

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