Hi... Thanks to everyone who answered this, I will reply to you all in one
shot:

Dick wrote:

- quote -

Dick, thanks for that. I had done that before (slightly different
situation: I recharacterized part of my IRA as ROTH IRA so I did transfer
shares, but I didn't notice that it did preserve the cost basis, which I
think it did now that I went back to look at it. You're right, thanks!

Kevin wrote:

- quote -

You are right except that at some point in the future I will probably
continue investing in the regular IRA [I hope eventually to make too much
money to be eligible for ROTH ] so I didn't want to pretend it's the
same account. In fact, I already have both ROTH and IRA so I couldn't just
rename the IRA to ROTH IRA since I already had the ROTH. But I do have to
say that your approach did come to mind.

Michael wrote:

- quote -

Now THAT is spot on. I didn't know this feature existed but it looks
perfect for what I need. Thanks. I assume that this is technically
equivalent to applying Dick's approach of transfering out shares, but this
applies it to all investments in the account? THANKS MUCH!

-Edrick

Do a transfer account (under special activity) - just make sure you initiate
the activity in the "from" account.

--
Michael Gordon
MVP


"Edrick Goldfarberger " <ed[at]nospam.please.com> wrote in message
newsp.s6n5tksok3mcfs[at]eduardo.dsl.verizon.net...
- quote -

Edrick,
I don't profess to be an expert.

What you COULD do is rename the account "Fidelity ROTH IRA"
and perhaps just make a note of the transfer date in a memo.

This would retain your cost basis history.

I've had to do this numerous times with one of my brokerage accounts
that keeps getting bought out by other firms.

To rename the account, go to the Fidelity IRA "account register" in the
left panel, under "other tasks" choose "change account settings"

Under "General Information, change the Account name and Account number.

You may need to fart around a little to get Money to download your new
account info from Fidelity.

Let us know how you make out.

Hope this helps.

-Kevin

"Edrick Goldfarberger " <ed[at]nospam.please.com> wrote in message newsp.s6n5tksok3mcfs[at]eduardo.dsl.verizon.net...
- quote -

I don't know that all of the reporting--particularly Portfolio views--gets
this right 100%, but this problem in general is EXACTLY why the investment
activity Transfer Shares exists...

"Edrick Goldfarberger " <ed[at]nospam.please.com> wrote in message
newsp.s6n5tksok3mcfs[at]eduardo.dsl.verizon.net...
- quote -

Hi Everyone: I am in the process of transfering some of my funds at a
Fidelity IRA to a Fidelity ROTH IRA. What is the best way to represent
this in MS Money (2006)?

Primarily, I am concerned with preserving my history in order to have the
cost basis and gain properly in the new account. I know that if I do
"transfer shares", it doesn't automatically make that happen. Nor should
it, I suppose.

I hope the above makes sense. If not, here's an example.

Let's say current price per share of fund XXXX is $100. I have 2 shares of
XXXX in my account, one which I bought at $50 and one which I bought at
$70. As far as money cares, I have $200 worth of XXXX, with cost basis of
$120 (therefore gain of $80)

If I just transfer it to another account, I am afraid it's going to
"think" that I transfered in 2 shares worth $200 and use THAT as the basis
for this account. But I want it to keep track of this history so I want to
know that I've made a gain of $80 on XXXX regardless of the fact that the
gain happened while XXXX was in my other account.

I think this is probably really simple so I just want to know what the
experts will advise. Thanks!

-Edrick