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Old 07-23-2003, 03:44 AM
KBH
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Default Re: Dealing with shares bought in instalments

- quote -

> In both UK and Australia, there have been privatisations
> of public utilities that have usually involved paying for
> the newly listed shares in instalments. Example: Pay
> $2.00 up front at the time of inital listing, and $1.50 a
> year later. It's the opposite of the "Return of Capital"
> investment transaction. Trouble is, Money accepts only
> positive amounts of "Return of Capital". To deal with
> these instalment type purchases, Money needs to allow
> negative return of capital. I've worked out a way to deal
> with this, but it's ugly. Anybody found a way to input a
> negative return of capital?

Well I don't know about Money but you could set the total cost of 3.50 to
start with and then value the shares at 1.50 over market...


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Old 07-22-2003, 10:41 PM
hal
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Default Dealing with shares bought in instalments

In both UK and Australia, there have been privatisations
of public utilities that have usually involved paying for
the newly listed shares in instalments. Example: Pay
$2.00 up front at the time of inital listing, and $1.50 a
year later. It's the opposite of the "Return of Capital"
investment transaction. Trouble is, Money accepts only
positive amounts of "Return of Capital". To deal with
these instalment type purchases, Money needs to allow
negative return of capital. I've worked out a way to deal
with this, but it's ugly. Anybody found a way to input a
negative return of capital?
 

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