TIP: Click on subject to list as thread! ANSI
echo: quicken
to: ED HAYNES
from: ROY MABRY
date: 1997-02-25 19:22:00
subject: Transfer stocks

RH> >> How can I transfer stocks between securities within my 401k
RH> > RH>A "transfer" in this case is really a sale of the one stock and a 
purc
RH> > RH>the other stock.  Thats how to enter it.
RH> > I thought of that but there is no cash involved.  In this case,
RH> > both stocks are through the same mutual fund firm and one stock
RH> > is exchanged for another at current values.  In any case, to
RH> > sell one stock and then enter a purchase for the other stock
RH> > would involve some sort of intermittent holding account,
RH> > wouldn't it?  That seems like a waste of good HD space to setup
RH> > a new account for a one time transaction.
RH> You don't have to set up a separate "intermittent" holding account. 
Quicken
RH>does this function automatically.  Quicken justr shows the money as cash 
n
RH>the account until you reinvest it in another stock.
RH> If your mutual fund account has check writing feature or if you often 
ave
RH>lorge cash balance, you can configure the account to have a cash account
RH>associated with it.   You can do this either when you first set up the 
accou
RH>or you can add this feature to an existing account.
I have a Money Market account with the Mutual Fund group, if I need to add a 
few dollars to stock (dollar average) I get on the computer and transfer it 
or get on the phone and have it moved. If you buy/sell something it goes to 
the stock or MM account. My IRA automatically deposited to my MM account each 
month. Each MM,MF and Security has a register just like a checking account.
Roy Mabry
E-Mail rjmabry@flash.net
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