INVESTMENT: 0 quantity, 1 cent value?

Help: I had two 401(k) mutual fund investments that I contributed to
over a great deal of time. Recently I sold the entire positions of
both and bought different funds. Now, for these two investments, the
reports section of Money 02 is showing 0 quantity, but 1 cent value
for each. As a result, I cannot delete these two investments from my
investments list, as it says I still have positions in them.

So why would Money show a value and say I have a position in an
investment that has no quantity, and how do I get rid of this?

Thanks,

Dick
Sat Jan 31 10:52:25 CST 2004

Because it has some non-zero amount that is very, very small. These happen
due to rounding errors under certain circumstances like specifying an exact
per share price but not an exact number of shares on buys. On the Account
Summary page there is a link at the bottom to do an account update. Update
the values/shares to exactly 0.

"xx" <gallagher935@yahoo.com_nospam> wrote in message
news:jtln10t1fuic6gu3fkdg37mldr1rg90ijs@4ax.com...
> Help: I had two 401(k) mutual fund investments that I contributed to
> over a great deal of time. Recently I sold the entire positions of
> both and bought different funds. Now, for these two investments, the
> reports section of Money 02 is showing 0 quantity, but 1 cent value
> for each. As a result, I cannot delete these two investments from my
> investments list, as it says I still have positions in them.
>
> So why would Money show a value and say I have a position in an
> investment that has no quantity, and how do I get rid of this?

xx
Sat Jan 31 15:05:01 CST 2004

Thanks for the speedy response and help. One thing: On the Account
Update pages the sold-off investments were not there, so I could not
update them to 0. So what I did was first add 1 share, and then
update it to 0. Then I was able to see how many shares were actually
deleted, which in both my cases was .0003. I then went and adjusted
the original sales by .0003 each and then deleted the new "add shares"
and "remove shares" transactions. After that I was able to delete the
two no-longer-used investments.

All this to clean up .0006 shares and two investments :) How do you
spell "anal?"

Again, thanks for your help. Now, on to Tax-Cut and my taxes :)

-Ted

On Sat, 31 Jan 2004 09:52:25 -0700, "Dick Watson"
<littlegreengecko@mind-enufalready-spring.com> wrote:

>Because it has some non-zero amount that is very, very small. These happen
>due to rounding errors under certain circumstances like specifying an exact
>per share price but not an exact number of shares on buys. On the Account
>Summary page there is a link at the bottom to do an account update. Update
>the values/shares to exactly 0.
>
>"xx" <gallagher935@yahoo.com_nospam> wrote in message
>news:jtln10t1fuic6gu3fkdg37mldr1rg90ijs@4ax.com...
>> Help: I had two 401(k) mutual fund investments that I contributed to
>> over a great deal of time. Recently I sold the entire positions of
>> both and bought different funds. Now, for these two investments, the
>> reports section of Money 02 is showing 0 quantity, but 1 cent value
>> for each. As a result, I cannot delete these two investments from my
>> investments list, as it says I still have positions in them.
>>
>> So why would Money show a value and say I have a position in an
>> investment that has no quantity, and how do I get rid of this?
>

Dick
Sat Jan 31 16:09:02 CST 2004

Been there, done that. I wouldn't worry about it. If we weren't that way, we
probably wouldn't be using Money in the first place.

"xx" <gallagher935@yahoo.com_nospam> wrote in message
news:nj5o10dfandrbsp1sm3tiirc30if3fvi3u@4ax.com...
> All this to clean up .0006 shares and two investments :) How do you
> spell "anal?"