Help! any idea how to record multiple investment in this case.

#2 11-15-2008, 06:38 AM

In microsoft.public.money, Parinya wrote:

- quote -

> Thanks for your reply, I'm wondering whether it's ok if I mark this "Watch
> Account" but I transfer "real" cash (he gave me) to buy/sell my friend's
> stock. Will the real cash be recorded by MS Money or it is just pretended?

You'll have to experiment. I tried transferring cash between a watch
account and a real account, and vice versa. It works. I did not
check the effects in reports tho.

- quote -

> "Cal Learner-- MVP" wrote:
> > In microsoft.public.money, Parinya wrote:
> > > > My friend wants me to buy/sell stocks for him (for some reasons he cannot
> > > manage to do it on his own). He gave me cash and told me what and when to buy
> > > and sell.
> > > You might do better to have his investments in a separate Money
> > file. If the actual Buys and Sells are done in your same existing
> > broker account, this may not be practical for you.
> > > > > > I recorded his cash to liability (how much I owe him) and created another
> > > investment account to track his stocks.
> > > > > I have no idea to manage these problems:
> > > > > 1. When there are gain/loss, I can see it in MS Money Report. But if he no
> > > longer wants me to do this, how and in which category will I record gain/loss
> > > I pay him back in his liability? Should I delete his investment account? Will
> > > his investment account performance affect mine? Which any existing category
> > > (or create a new category) should I record to balance his investment
> > > performance to not affect mine?
> > > A few different possibilities come to mind. If you mark his
> > investment account as a "watch" account, that makes it a pretend
> > account from Money's point of view.
> > > You can customize reports to exclude his account or everything other
> > than his account. Save the customized report as a favorite, and you
> > can readily switch to the report.
> > > You can customize Portfolio views to include particular accounts,
> > and not others.
> > > > > > > 2. what about dividend? How and in which category will I record gain/loss I
> > > pay him in his liability?
> > > > > 3. I kinda don't like the way I handle this in MS Money. It doesn't reflect
> > > real-time balance because I have to go to Report and use calculator to figure
> > > how much gain/loss he is having and subtract what left in his liability (how
> > > much he gave me cash so far). Any idea how to better the way I am doing in MS
> > > Money?
> >

#1 11-15-2008, 05:50 AM

Thanks for your reply, I'm wondering whether it's ok if I mark this "Watch
Account" but I transfer "real" cash (he gave me) to buy/sell my friend's
stock. Will the real cash be recorded by MS Money or it is just pretended?

"Cal Learner-- MVP" wrote:

- quote -

> In microsoft.public.money, Parinya wrote:
> > My friend wants me to buy/sell stocks for him (for some reasons he cannot
> > manage to do it on his own). He gave me cash and told me what and when to buy
> > and sell.
> You might do better to have his investments in a separate Money
> file. If the actual Buys and Sells are done in your same existing
> broker account, this may not be practical for you.
> > > I recorded his cash to liability (how much I owe him) and created another
> > investment account to track his stocks.
> > > I have no idea to manage these problems:
> > > 1. When there are gain/loss, I can see it in MS Money Report. But if he no
> > longer wants me to do this, how and in which category will I record gain/loss
> > I pay him back in his liability? Should I delete his investment account? Will
> > his investment account performance affect mine? Which any existing category
> > (or create a new category) should I record to balance his investment
> > performance to not affect mine?
> A few different possibilities come to mind. If you mark his
> investment account as a "watch" account, that makes it a pretend
> account from Money's point of view.
> You can customize reports to exclude his account or everything other
> than his account. Save the customized report as a favorite, and you
> can readily switch to the report.
> You can customize Portfolio views to include particular accounts,
> and not others.
> > > 2. what about dividend? How and in which category will I record gain/loss I
> > pay him in his liability?
> > > 3. I kinda don't like the way I handle this in MS Money. It doesn't reflect
> > real-time balance because I have to go to Report and use calculator to figure
> > how much gain/loss he is having and subtract what left in his liability (how
> > much he gave me cash so far). Any idea how to better the way I am doing in MS
> > Money?

11-14-2008, 09:00 PM

In microsoft.public.money, Parinya wrote:

- quote -

> My friend wants me to buy/sell stocks for him (for some reasons he cannot
> manage to do it on his own). He gave me cash and told me what and when to buy
> and sell.

You might do better to have his investments in a separate Money
file. If the actual Buys and Sells are done in your same existing
broker account, this may not be practical for you.

- quote -

> I recorded his cash to liability (how much I owe him) and created another
> investment account to track his stocks.
> I have no idea to manage these problems:
> 1. When there are gain/loss, I can see it in MS Money Report. But if he no
> longer wants me to do this, how and in which category will I record gain/loss
> I pay him back in his liability? Should I delete his investment account? Will
> his investment account performance affect mine? Which any existing category
> (or create a new category) should I record to balance his investment
> performance to not affect mine?

A few different possibilities come to mind. If you mark his
investment account as a "watch" account, that makes it a pretend
account from Money's point of view.

You can customize reports to exclude his account or everything other
than his account. Save the customized report as a favorite, and you
can readily switch to the report.

You can customize Portfolio views to include particular accounts,
and not others.

- quote -

> 2. what about dividend? How and in which category will I record gain/loss I
> pay him in his liability?
> 3. I kinda don't like the way I handle this in MS Money. It doesn't reflect
> real-time balance because I have to go to Report and use calculator to figure
> how much gain/loss he is having and subtract what left in his liability (how
> much he gave me cash so far). Any idea how to better the way I am doing in MS
> Money?

#-1 11-14-2008, 08:43 PM

Sorry for my English.

My friend wants me to buy/sell stocks for him (for some reasons he cannot
manage to do it on his own). He gave me cash and told me what and when to buy
and sell.

I recorded his cash to liability (how much I owe him) and created another
investment account to track his stocks.

I have no idea to manage these problems:

1. When there are gain/loss, I can see it in MS Money Report. But if he no
longer wants me to do this, how and in which category will I record gain/loss
I pay him back in his liability? Should I delete his investment account? Will
his investment account performance affect mine? Which any existing category
(or create a new category) should I record to balance his investment
performance to not affect mine?

2. what about dividend? How and in which category will I record gain/loss I
pay him in his liability?

3. I kinda don't like the way I handle this in MS Money. It doesn't reflect
real-time balance because I have to go to Report and use calculator to figure
how much gain/loss he is having and subtract what left in his liability (how
much he gave me cash so far). Any idea how to better the way I am doing in MS
Money?

Thank you,
Parinya

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