Re: "adding" stocks

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In Reply to: "adding" stocks posted by Rupert on December 13, 2005 at 03:02:36:

: What is the best way to "add" a stock as opposed to buy a stock. For example I have downloaded all my 2005 transactions from Quicken into a portfolio and the opening cash balance(for the portfolio.I now need to add a position in an equity which I had at the beginning of 2005 but without effecting the cash balance.....

Hi Rupert,

There are a few options...

1) You could record the purchase of these new shares at a cost of $0.

2) You could temporarily set the default cash account for your portfolio to "None", and then record the purchase of these shares in this new stock. After recording the purchase, change your default cash account settings back.

3) You could record the purchase, and then go to the cash account and delete the automatic entry that debited the cash balance.

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

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