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#2
02-15-2005, 12:21 AM
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 Re: How do I handle this? One more thing: some brokers, if you download data from them, will report the split as a stock dividend. In some cases, Money will ask whether the dividend is the split (and ignore it). In other cases, it won't ask, will just d/l a "add shares" transaction, which you should then void. -- Michael Gordon MVP "Cal Learner-- MVP" <via_newsgroup[at]please.tnx> wrote in message news:ieqv01tpdoekm2r7d4f6miidl2hvcabe7f[at]4ax.com... - quote - > In microsoft.public.money, confused man wrote: > > I'm using Money 2004, and while I don't have any of my accounts linked via > > the internet... I do use the update feature every day to update my stock > > prices... one of my positions is apple computer (AAPL). On friday they > > came > > out an announced a stock split...this is my first experience with this > > issue... how does Money handle this situation, will it automatically > > double > > my shares and adjust the stock price? > > > I'd imagine the stock price will not be a problem since that is updated > > daily, but what about the number of shares? > Don't do anything now. The stock split will normally download with > the quotes. Yes, it will double the number of shares and adjust all > of your per-share purchase prices. Expect the stock to trade at > about half of the price of the day before. |
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#1
02-13-2005, 11:01 PM
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| Re: How do I handle this? In microsoft.public.money, confused man wrote: - quote - > I'm using Money 2004, and while I don't have any of my accounts linked via
Don't do anything now. The stock split will normally download with> the internet... I do use the update feature every day to update my stock > prices... one of my positions is apple computer (AAPL). On friday they came > out an announced a stock split...this is my first experience with this > issue... how does Money handle this situation, will it automatically double > my shares and adjust the stock price? > I'd imagine the stock price will not be a problem since that is updated > daily, but what about the number of shares? the quotes. Yes, it will double the number of shares and adjust all of your per-share purchase prices. Expect the stock to trade at about half of the price of the day before. |
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02-13-2005, 10:37 PM
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| Re: How do I handle this? Look up stock split in online help. I suspect you'll find your answer. You tell Money about it and it works out the details for your holdings. I'd give you the exact path to get there, but I'm not at an M04 machine. "confused man" <bfbj[at]iup.edu> wrote in message news:8PednZowV9m7V5LfRVn-oQ[at]adelphia.com... - quote - > I'm using Money 2004, and while I don't have any of my accounts linked via > the internet... I do use the update feature every day to update my stock > prices... one of my positions is apple computer (AAPL). On friday they > came out an announced a stock split...this is my first experience with > this issue... how does Money handle this situation, will it automatically > double my shares and adjust the stock price? > I'd imagine the stock price will not be a problem since that is updated > daily, but what about the number of shares? |
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#-1
02-13-2005, 08:44 PM
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| How do I handle this? Hello all, I'm using Money 2004, and while I don't have any of my accounts linked via the internet... I do use the update feature every day to update my stock prices... one of my positions is apple computer (AAPL). On friday they came out an announced a stock split...this is my first experience with this issue... how does Money handle this situation, will it automatically double my shares and adjust the stock price? I'd imagine the stock price will not be a problem since that is updated daily, but what about the number of shares? Thank you all so much, Confused Man |
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