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echo: quicken
to: ED HAYNES
from: ROBERT HESSLER
date: 1997-02-27 07:21:00
subject: transfer stocks

 >>> 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
 >> 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
 >> a new account for a one time transaction.
 > RH>You don't have to set up a separate "intermittent" holding account. Qui
 > RH>does this function automatically.  Quicken justr shows the money as cas
 > RH>the account until you reinvest it in another stock.
 > It's a 401k plan. The only cash is what goes in to purchase the
 > stocks.
Then, just "sell" the first stock.  Quicken will now show a line in the 
portfolio view with the money invested in "Cash" (just like the lines for 
each of the other stocks).  Now, when you "purchase" the other stock the 
"Cash" investment disappears and a new line for the new stock appears.  In 
your case, the reinvestment would be immediate; so the "Cash" would only be 
there while you are entering the transactions.  When you finished, the money 
would all be shown in the new stock.
Quicken does the transaction exactly as your broker holding the 401k plan 
does.  He can't trade the stocks.  He has to sell one at the current value 
and use that $$ to purchase the other stock.
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