Re: How do you track CDs and saving accounts

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In Reply to: How do you track CDs and saving accounts posted by Amanda on April 07, 2004 at 20:32:25:

: Please let me know how to enter and track CDs, saving accounts and EE bonds.
: I use Personal FM (trial) version. Before I buy it, I need to know if I can enter all type of investments into my portfolio.

: Thanks
: Amanda

Hi Amanda,

For all of these investment types I'd recommend tracking them with a
constant $1 share price. As you buy, record the value of the purchase/sell equal to the number of shares. You can turn off internet retrieve of prices
to maintain the constant $1 share price. See "Investment Properties... /
Internet Retrieve / Retrieve Price".

As you receive interest that is deposited into your savings account,
just record that as a reinvested distribution of type 'interest'. If you
receive an interest payment, record that as a distributed distribution of
type 'interest'.

Thanks,
Mark
--
Mark Beiley

Fund Manager, portfolio management software for Windows 95/98/ME/NT/00/XP

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