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Re: Savings Bonds--EE

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Posted by Mark on October 22, 2004 at 10:02:35:

In Reply to: Savings Bonds--EE posted by A.R. Myers on October 21, 2004 at 20:18:22:

: I have been very happy with FM and it's features!!! Is there anyway to also track savings bonds??? If not, will future versions have this capability?

: Thanks in advance for your help, Andy

Hi Andy,

FM doesn't have any special features to help you track savings bonds, but you
can track them in FM. Just treat them like a cash account, with a constant
share price of $1, and a number of shares equal to the value. As the savings
bond increases in value record a reinvested interest distribution to increase
the number of shares owned, keeping the share price at $1.

Thanks,
Mark
--
Mark Beiley
Fund Manager, portfolio management software for Windows 95/98/ME/NT/00/XP/2003



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