same stock with multiple brokers
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Posted by jeffrey
on August 01, 2005 at 14:18:28:
on occasion i am buying stock in one company but through different brokerage accounts (portfolios). i have default cash accounts for each portfolio. i notice that a transaction has to be entered for a stock while that portfolio is open for it to be entered in the default cash account. what do you recommend regarding setting up different 'investments' for the same stock to be used in the different portfolios, versus one investment and have it be part of several portfolios (i will see all buys/sells at different accounts on the same screen, but will, i presume, interact with the cash accoutn depending on which portfolio is open at the time entered). is this likely to get too confusing at some point?
are there accounting/report issues which may arise, that i am not aware of?
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