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Re: Cash Investment

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Posted by Mark on December 14, 1999 at 20:08:40:

In Reply to: Cash Investment posted by Daniel Comeau on December 14, 1999 at 20:05:36:

: Howdy,
: I was looking for suggestions for the best way to put in just a basic cash
: account where you put in or remove cash, and gain some interest on it.

: Everything I see still seems to be asking for cost and # of shares, so I'm
: wondering how to put set this up so that the calculations done all make
: sense.

: Also, is there a way to get non-reinvested distributions to all fall to
: this same account instead of staying within the same investment? Same
: question applies to the ability to have the money used for a purchase
: coming from a cash account, and when you do a sale, this money also goes
: to the cash account.

: Thanks,
: Daniel

Hi Daniel,
Create a new investment, and assign it the "Cash" type. Keep the
share price at a constant $1. Assign this as your portfolio's default
cash account under "Options/Preferences.../Other" and all your proceeds
will go into/out of this cash account when you enter any other transactions
when in this portfolio. Remember to save your portfolio after assigning
this investment as your cash account.

Thanks,
Mark
--
Mark Beiley

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




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