1) Setup an Investment Account with a corresponding cash account.

2) Transfer money into the investment cash account however you do this
(i.e., as a Transfer:[name of investment cash acct] in your scheduled
paycheck deposits).

3) Enter Buy Investment/CD transactions, one per week, in the investment
cash account. This can be a scheduled transaction as well, if it is, you
will have less typing to do every week.

4) Each Buy Investment/CD transaction will have to be told what Investment
you are buying. I'm not really familiar with I bonds, but I'm betting that
this FAQ applies: http://umpmfaq.info/faqdb.php?q=42. If it does, you'll be
defining a new investment every month and you'll end up holding four or five
of each one of these investments. On the first buy of that month's bond,
you'll have to define the new investment. For the next three or four
purchases that month, you'll tell Money that you are buying another of the
same investment. On the first buy of the next month the cycle will begin
again.

Since Money doesn't know how to value these bonds, I'm betting that this
will be a lot of pain for very little gain. Portfolio view won't add much
value unless you copy over accrued interest data by hand frequently. I do
this for about 25 or 30 E bonds every quarter or so--and at that I do not
enter periodic interest accrued, I just update one total interest accrued
transaction. It's a pain. You'll rapidly have **many** more bonds. I'm
thinking that I'd just leave the money on a cash account, skip the
investments, and stay with Savings Bond Wizard.

"Terry George" <tgeorge3[at]hot.rr.com> wrote in message
news:uq1wgEWcFHA.1384[at]TK2MSFTNGP09.phx.gbl...
- quote -

I am new to money and am having a few difficulties. I hope someone can help.
I have several I bonds of different valuations I have set up treasurydirect
to automatically buy I bonds on a weekly bassis. I would like to track these
bonds in the portfolio manager and have the money removed automatically from
the ACH account that is set up for the purchase of these bonds. I bonds are
bought at the face value from treasury direct and have a fixed and variable
interest rate. For someone out there that is much more knowledgable in this
I would greatly appreciate the help in setting this feature properly. BTW, i
am very new to all this.

Thank You,

Terry G