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Strategies & Market Trends : A.I.M Users Group Bulletin Board
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To: Steve Grabczyk who wrote (9969)1/12/2000 4:35:00 PM
From: OldAIMGuy  Read Replies (1) of 18928
 
Hi Steve, I'm not sure what you mean about "correct errors without changing dates." I know we've been talking about AIM improving sex lives, but if your Date turns out to be an error, it's best to change! :-)

I've used a separate "CASH" account in Newport. I use it differently than you propose in that I keep "surplus" cash there. For instance when VLSI was bought out for cash last year, my portfolio would look like it went down in value if I just deleted VLSI from the list of stocks. Since I didn't have an immediate choice as a replacement I put the proceeds in the "CASH" account until they found a new home.

I don't see anything wrong with what you have in mind other than it maybe being a bit more work. Remember that if you do set up a CASH item, you need to at least put in one share at $1.00 in the STOCK field as Newport won't let you enter a zero.

When you print out the total portfolio value from Newport it gives your total cash reserve, total equity, initial costs and profits. So whether you have the total cash in one place or distributed amoung 25 equities the results should be the same.

Remember that AIM software isn't meant to replace a comprehensive accounting software like Quicken. It's there to help us follow AIM. Our brokerage statements and many other places take care of all the rest. Maybe Newport should be sold to Quicken and incorporated into their stuff!

Best regards, Tom
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