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


To: Skipperr who wrote (7198)4/6/1999 10:06:00 AM
From: Gary  Read Replies (2) | Respond to of 18928
 
Skipperr

Quicken will maintain average cost and will also compute gains and losses. I do about 100 trades a year and maintain my portfolio in Quicken. I attach the schedule the program generates for capital gains and attach it to my return. Simply have to post the totals to Schedule D and reference the schedule.

Regards,

Gary



To: Skipperr who wrote (7198)4/6/1999 5:00:00 PM
From: Bernie Goldberg  Read Replies (1) | Respond to of 18928
 
Hi Skipperr,
Thanks for the explanation on the PRO Funds. I don't think I'll have to go with that group thing. You've already gotten one answer to this question, here is another. Microsoft Money will also do what Quicken does. I happen to prefer the way Money prints out the results.
If you go to Microsoft's Home page and follow it to software downloads you can download a free fully working demo of Money 99 that will work for 90 days. If you like it you can buy the program for about $40 to $50 and get a $25 dollar rebate. I used Quicken for about 3 years and just recently switched to Money. They are both excellent programs.
Bernie



To: Skipperr who wrote (7198)4/12/1999 3:14:00 PM
From: OldAIMGuy  Read Replies (1) | Respond to of 18928
 
Hi S, I'd recommend Ave. Cost for most mutual funds. As Gary stated, most will give you ave. cost info for tax calculations. If the fund is fond of sending out dividend and interest distributions, FIFO can be a real pain with funds.

Best regards, Tom