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Strategies & Market Trends : A.I.M Users Group Bulletin Board -- Ignore unavailable to you. Want to Upgrade?

To: ubrx who wrote (12963)	9/28/2000 11:45:48 AM
From: OldAIMGuy	Respond to of 18928

Hi JF, I'm still hand posting everything into an ancient Lotus spreadsheet for that. It's a pain still. I looked at an on-line service, but it was sort of pokey doing it that way. I think there's several here that are using Quicken's products. I want to make sure that whatever I do next will allow me to set up stuff in FIFO fashion for my stocks and AVE. Cost for my mutual funds. Hope someone else chimes in. I'm glad to hear you're enjoying D. Dreman's book. It seems to be the perfect year for reading about Tulips, etc! I bought my own copy, just to have one on hand. Our library has one, too, but since i could still buy one it seemed like a good thing to do. I'm on my third time through the book since first reading it about a decade or more ago. I have read bits and pieces along the way, but felt it was a good time to read the whole thing again. Best regards, Tom

To: ubrx who wrote (12963)	9/28/2000 12:59:52 PM
From: LemonHead	Read Replies (1) \| Respond to of 18928

Hi James, P.S. Do you recommend a software program designed to make an AIMer's tax form easier to file? I started the year with Quicken 2000. It took me about two months to get it down pat. Now I enter my trade tickets at the end of the month when I receive my statements to assure that everything balances. I average over 20 trades a month in four accounts and it takes me about an hour to enter the data in Quicken. I especially like the Capital Gains Report and The Tax Summary Report which I print out once a month. As Bernie & Tom have stated about minimums, those two reports shocked me when I first viewed them. I woke up to the fact that some of my AIM trades were generating more for Uncle Sam than me. Now my AIM trades are more profitable because I'm forced to review the facts every thirty days. The other thing I found was that some of what I reported in the past wasn't 100% correct due to a lack of understanding on my part and my accountant. Now I know when I hand him the report that everything is exact. Personnally, I wouldn't AIM without using one of the popular finance management products. Like Tom, I used a spread sheet prior, and Tom needs to make the move because it is so much simpler this way. It would take quite a bit of initial work on his part because he has had most of his holdings for so long. FWIW Keith