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| Thanks I just tested it and I can transfer between the cash account and the investment. I thought the cash account was separate, as in the 'cash' portion of the investment as defined by the institution invested with, i.e. the bank in this case. Thanks again, ROger "Dick Watson" wrote: - quote - > There are many ways this could be done. > You can receive Income in the Cash Account associated with an Investment > Account. Or your proposed method of receiving it in, say, a checking account > as Income, then: > 1) transferring it to the investment cash account then buying the CD > investment, > or > 2) Buy Investment/CD from the checking account directly > both work. > I can't think of any reason not to directly receive the Income in the Cash > Account associated with an Investment Account. > "darkroomdevil" <darkroomdevil[at]discussions.microsoft.com> wrote in message > news:E438D386-BC1D-496C-9E75-BCE9D6C158FA[at]microsoft.com... > > I am guessing I should pretend it went into a regular account, post it > > and > > then tranfer to open the CD. The two entries in the regular account > > cancelling each other out. Is this correct - I kind of expected it to be > > more obvious ... ;-) |
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| There are many ways this could be done. You can receive Income in the Cash Account associated with an Investment Account. Or your proposed method of receiving it in, say, a checking account as Income, then: 1) transferring it to the investment cash account then buying the CD investment, or 2) Buy Investment/CD from the checking account directly both work. I can't think of any reason not to directly receive the Income in the Cash Account associated with an Investment Account. "darkroomdevil" <darkroomdevil[at]discussions.microsoft.com> wrote in message news:E438D386-BC1D-496C-9E75-BCE9D6C158FA[at]microsoft.com... - quote - > I am guessing I should pretend it went into a regular account, post it > and > then tranfer to open the CD. The two entries in the regular account > cancelling each other out. Is this correct - I kind of expected it to be > more obvious ... ;-) |
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