Go Back   CDN Business Directory > Main Category > Microsoft Money

 
 
Thread Tools Display Modes
  #1  
Old 12-12-2006, 03:23 AM
Dan
Guest
 
Posts: n/a
Default Re: How Money 2007 treats dividends for stock with multiple purchases

Ok, thanks. Maybe they'll fix this in a future release if it isn't a
feature.



Wally wrote:
- quote -

> I think you can get around this by creating a performance report with the
> appropriate date range and getting the total you are looking for from the
> "Return for Period" column.
> "Dan" wrote:
> > I am not sure if this has been covered previously or not - I tried
> > searching and could not find anything.
> > > I have found out that it appears that Money 2007 is counting ALL

> > dividends in the gain calculation of a particular stock even if I
> > bought and sold it before multiple times.
> > > Let me give an example:
> > > I buy 100 shares of IBM on 5/1/05 for $80 each and sell those 100

> > shares on 6/1/06 for $90 each. During that year I receive $50 in
> > dividends. On 7/1/06 I buy 20 more shares of IBM at $70 and sell those
> > on 12/1/06 for $80. During that period I got $20 in dividends.
> > > I have Money set to hide closed positions and watch accounts. Money is

> > telling me that my gain for IBM is $270 (my realized gains from the
> > last set of transactions + the dividends from that set PLUS the
> > dividends for the previous set). It seems to me that since I have told
> > it to hide closed positions that my gain should only be coming up as
> > $220 and the other $50 in dividends should go to the realized gains of
> > $1,000 for a total of $1,050 and $220.
> > > Does this seem to make sense to anyone else? If not, is there any way

> > I can get around this?
> > > Thanks!

> > -Dan

>
 
Old 12-02-2006, 07:23 PM
Wally
Guest
 
Posts: n/a
Default RE: How Money 2007 treats dividends for stock with multiple purchases

I think you can get around this by creating a performance report with the
appropriate date range and getting the total you are looking for from the
"Return for Period" column.

"Dan" wrote:

- quote -

> I am not sure if this has been covered previously or not - I tried
> searching and could not find anything.
> I have found out that it appears that Money 2007 is counting ALL
> dividends in the gain calculation of a particular stock even if I
> bought and sold it before multiple times.
> Let me give an example:
> I buy 100 shares of IBM on 5/1/05 for $80 each and sell those 100
> shares on 6/1/06 for $90 each. During that year I receive $50 in
> dividends. On 7/1/06 I buy 20 more shares of IBM at $70 and sell those
> on 12/1/06 for $80. During that period I got $20 in dividends.
> I have Money set to hide closed positions and watch accounts. Money is
> telling me that my gain for IBM is $270 (my realized gains from the
> last set of transactions + the dividends from that set PLUS the
> dividends for the previous set). It seems to me that since I have told
> it to hide closed positions that my gain should only be coming up as
> $220 and the other $50 in dividends should go to the realized gains of
> $1,000 for a total of $1,050 and $220.
> Does this seem to make sense to anyone else? If not, is there any way
> I can get around this?
> Thanks!
> -Dan

  #-1  
Old 12-01-2006, 12:45 AM
Dan
Guest
 
Posts: n/a
Default How Money 2007 treats dividends for stock with multiple purchases

I am not sure if this has been covered previously or not - I tried
searching and could not find anything.

I have found out that it appears that Money 2007 is counting ALL
dividends in the gain calculation of a particular stock even if I
bought and sold it before multiple times.

Let me give an example:

I buy 100 shares of IBM on 5/1/05 for $80 each and sell those 100
shares on 6/1/06 for $90 each. During that year I receive $50 in
dividends. On 7/1/06 I buy 20 more shares of IBM at $70 and sell those
on 12/1/06 for $80. During that period I got $20 in dividends.

I have Money set to hide closed positions and watch accounts. Money is
telling me that my gain for IBM is $270 (my realized gains from the
last set of transactions + the dividends from that set PLUS the
dividends for the previous set). It seems to me that since I have told
it to hide closed positions that my gain should only be coming up as
$220 and the other $50 in dividends should go to the realized gains of
$1,000 for a total of $1,050 and $220.

Does this seem to make sense to anyone else? If not, is there any way
I can get around this?

Thanks!
-Dan

 

Tags
2007, dividends, money, multiple, purchases, stock, treats
Similar Threads
Thread Forum Replies Last Post
Cost basis for stock purchases after downloading from brokerage
Jon Horvath: Hi, I am using the Trial version of Money 2006 Deluxe. I downloaded my brokerage account statement from Wachovia Securities and when I look at the...
Microsoft Money 6 06-04-2006 07:26 PM
Stock Purchases in 2006 Only
marc: How can I generate a report that only shows stocks purchased in a certain time (this year for example). I was wondering how my stock picking has...
Microsoft Money 3 05-17-2006 12:00 AM
automatic offsetting double-entries for new stock purchases in 401K
Steve: When I enter new buys of stock purchases made thru my company 401K program, also entered is an offsetting equal amount in an account named...
Microsoft Money 3 10-14-2003 12:55 AM



Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

All times are GMT. The time now is 10:12 PM.