>> How can I transfer stocks between securities within my 401k
> RH>A "transfer" in this case is really a sale of the one stock and a purch
> RH>the other stock. Thats how to enter it.
> I thought of that but there is no cash involved. In this case,
> both stocks are through the same mutual fund firm and one stock
> is exchanged for another at current values. In any case, to
> sell one stock and then enter a purchase for the other stock
> would involve some sort of intermittent holding account,
> wouldn't it? That seems like a waste of good HD space to setup
> a new account for a one time transaction.
You don't have to set up a separate "intermittent" holding account. Quicken
does this function automatically. Quicken justr shows the money as cash in
the account until you reinvest it in another stock.
If your mutual fund account has check writing feature or if you often have a
lorge cash balance, you can configure the account to have a cash account
associated with it. You can do this either when you first set up the
account or you can add this feature to an existing account.
---
---------------
* Origin: Splitting Atom *RiverVale NJ* 201-573-9262 *HST/V34+ (1:2604/2)
|