Money95, Money98, Money99, Quicken, and the like.. Message Board

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Strategies & Market Trends : Money95, Money98, Money99, Quicken, and the like..

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To: Hart who wrote (5)	2/1/1999 8:34:00 PM
From: HIA	of 14

The Money 95 performance can be custom configured to show performance for a single month... The labeling is perfectly clear: 12/1/98 Through 12/31/98 Gain/Loss (124) Now the original purchase was 100 shares at 7.5 ...the closing price for Nov was 6.75 ...200 shares were bought in Dec at 5.875 ...the closing price for Dec was 6.938 ...that's a gain/loss for Dec of 231.40 ...(That uses the Nov ending price for the first hundred shares and uses the cost basis for the 200 shares bought in Dec...)...and that is precisely the profit/loss for the month of Dec...Go back and look at the Money 95 labeling and look at the Money 95 result...that is not correct gain/loss accounting for Money 95...and there is no way in the world to arrive at the Money 95 figure... I have checked the Money 95 output against my program and against a commercial accounting spreadsheet...the Money 95 output is not correct...

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