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echo: quicken
to: BRUCE WILSON
from: ED HAYNES
date: 1996-11-17 23:47:00
subject: Re: Quicken6 investments

"Re: Quicken6 investments !" shouted silently by BRUCE
BW>On 14 Nov 96 08:49pm, Ed Haynes wrote to Bruce Wilson:
 EH> At the end of the year I'd like to see how much income I made 
 EH> from that stock and have it integrated into the performance of 
 EH> that stock in Quicken's portfolio view.  How can I enter that 
 EH> transaction to show this?
BW>Still using Q8 for DOS and not having any stocks to track, I'm not
BW>familiar with that feature.  What you're looking for isn't something
BW>one would normally track within an accounting system, the dividends
BW>being ordinary taxable income and the appreciation (or the loss in
BW>value) not being taxable gain (or loss) until it's realized.
I realize that the dividends paid are taxable income.  Is the stock paying 
that dividend when combined with it's normal growth [hopefully] earnings 
enough for me to hang onto that stock or would I be better selling and 
putting the funds into another stock or even a savings account?  Shouldn't 
the dividend be a part of the profit or loss of that stock?  I'd like to 
know the percentage earnings of that stock - including any dividends paid 
from the holdings of that stock.
As you can tell by now, I'm not that savvy about investments.  I could very 
well be wrong.  I know this isn't the place to ask WHAT I should track but 
rather HOW I can use Quicken to track the investments.  Still, if I'm 
asking something that isn't normally done, let me know so I won't keep 
asking for Quicken solutions for a non-existence problem.  Thanks.
Ed
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