Re: Separating IRA data

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In Reply to: Separating IRA data posted by Bill on December 07, 2000 at 10:52:58:

: Mark,
: If holding identical stocks in both IRA accounts and non IRA accounts, is the best way to handle this to just give differant name to each?

: Example: If hold 100 shares of IBM in IRA account, and also 100 shares in non IRA account (total 200 shares IBM), can I just open two seperate investments and "name" one as "Int Bus Maschines" and the other as "IRA Int Bus Machines"???. I assume that the price updatings should work and because the "NAMES" are differant the FM records will list data seperately. Is this the best way to handle IRA same investments??

: Thanks in advance,
: Bill

Hi Bill,

To track the same investment with different transaction histories, create a
new investment file (select "File/New Investment...") for each account holding
the same fund or stock. This will allow you to record different transactions for
each account. Each investment will have the same ticker symbol, but you will
assign them unique filenames. For example, you can track two accounts holding
IBM by creating 2 investments, both could be named IBM (or you could call them
IBM1 and IBM2, or whatever you prefer). Both investments would have
the ticker symbol IBM, but then the filenames would be IBM1.dat and IBM2.dat.

Thanks,
Mark
--
Mark Beiley

Fund Manager for Windows 3.1x/95/98/NT

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