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Old 06-13-2006, 06:34 PM
Dick Watson
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Default Re: How to Add Money to a CD

Much depends on how you did things you didn't describe.

In general, I'd say that your best bet--if you want to treat these as Money
Investments--is to define an investment as a $1 CD, renew 2,134.00 units
worth (the original value plus interest) for $2,134.00 and then Buy another
2,000 units with the transferred $2,000.

For all the benefit Money is going to give you tracking these as
Investments, I'd think hard about just calling them a Savings Account and
skipping the headache.

"Fred" <hprabowo[at]ureach.com> wrote in message
news:F7FBCEC7-3821-4E46-BC75-A07D73CB6A40[at]microsoft.com...
- quote -

> If at the end of a 1 year cd I want to add money from my checking account
to
> the cd and renew it for 1 more year how do I do that. Lets say I have
> currently have a one year cd for $2000 and it it needs to be renewed under
> the same cd number and I want to add $2000 to it from my checking

account.
> I want to show the money coming from my checking account to add the $2000.



  #-1  
Old 06-13-2006, 06:07 PM
Fred
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Posts: n/a
Default How to Add Money to a CD

If at the end of a 1 year cd I want to add money from my checking account to
the cd and renew it for 1 more year how do I do that. Lets say I have
currently have a one year cd for $2000 and it it needs to be renewed under
the same cd number and I want to add $2000 to it from my checking account.
I want to show the money coming from my checking account to add the $2000.

Fred
 

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