Re: Exchanging $ between IRA accounts by Art
Art
Sat Jan 01 09:19:54 CST 2005
Money is following what happens in most investment accounts. I agree
that with a 401K you do not have a cash account that is listed, but you
really are selling one investment, putting the cash into a cash account
that you do not have access to, and then buying the second investment. I
even use a cash account to accumulate my and my employers shares which
are then used to buy the investments.
Your only choice since money does not allow a barter or trade of
investments is to sell, place the money in the cash account, and then buy.
Gary44 wrote:
> I tried again, but when I put in the sell, Money is asking for a transfer
> account, when what I really want is an investment.
>
> How do I get Money to understand this?
>
> Thanks,
>
> Gary
>
> "Dick Watson" <littlegreengecko@mind-enufalready-spring.com> wrote in
> message news:#CPNNV57EHA.2012@TK2MSFTNGP15.phx.gbl...
>
>>So, you have on Roth IRA account, you had one Investment and now you want
>
> to
>
>>exchange that for another? Do a Sell, then a Buy.
>>
>>"Gary44" <gary.rose8@verizon.net> wrote in message
>>news:4UiBd.17289$fe5.17158@trndny06...
>>
>>>I 'd like to record the exchange of $ from one of my Roth IRA mutual
>
> funds
>
>>>to another
>>>Roth IRA mutual fund, within the same fund family.
>>>
>>>Money 2005 dosen't seem to have an exchange option, so I tried to set it
>>>up
>>>as a transfer.
>>>But Money thinks I'm moving from an account, not a mutual fund.
>>>
>>>Anyone know how I can work this? Both funds are in the same account.
>>
>>
>
>