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Old 06-07-2004, 05:50 AM
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Default Re: Q re Budgets and Money Market Investment Accounts

This is more like a bank MM account, except the financial
institution is a broker and not a bank.

I use Money's online access to automatically download
transactions in the account, so I don't see that I have
much choice in how to set up the account. Or do I? Can
I fake Money out and tell it that the account is a Bank
account and still have transactions automatically
downloaded?

Thanks,

--Michael

- quote -

> -----Original Message-----
> Is this really the cash portion of the Vanguard

Investment account or
> actually more like a bank MM account?
> In the first instance, the cash is waiting to find a new

non-cash
> investment, but in the 2nd instance the money is more

like excess cash
> wanting a little higher earned interest. In the later

case I would
> take a look at NetBank or ETradeBank which pays a little

less than NB.
> Btw this also affects how you should set it up: either

as is or as a
> bank account.
> arthur
> --
> arthur
> -----
> On Sun, 6 Jun 2004 09:26:04 -0700, "Michael" wrote:
> -------- duplicate post cut --------------
> .

 
Old 06-06-2004, 10:35 PM
Arthur
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Posts: n/a
Default Re: Q re Budgets and Money Market Investment Accounts

Is this really the cash portion of the Vanguard Investment account or
actually more like a bank MM account?

In the first instance, the cash is waiting to find a new non-cash
investment, but in the 2nd instance the money is more like excess cash
wanting a little higher earned interest. In the later case I would
take a look at NetBank or ETradeBank which pays a little less than NB.

Btw this also affects how you should set it up: either as is or as a
bank account.

arthur
--
arthur
-----
On Sun, 6 Jun 2004 09:26:04 -0700, "Michael" wrote:

-------- duplicate post cut --------------
  #-1  
Old 06-06-2004, 04:26 PM
Michael
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Posts: n/a
Default Q re Budgets and Money Market Investment Accounts

Hello,

My goal: I would like to include the money in my money
market in the Budget Planner.

My set up: I set up an Investment Account to download
transactions on my Money Market fund that I have with
Vangaurd.

Trying to figure Money's Budget stuff out, I did the
following:

1) When I uncheck the "Include this account in the budget
planner" and create a new budget, the transactions
between my bank account and the vangaurd account show up
as transfers in and out of budget accounts. This makes
sense to me since the vangaurd account is not in the
budget.

2) When I check the "Include this account in the budget
planner" and create a new budget, the transactions
between the cash transactions portion of the vangaurd
account and investment transactions portion of the
vangaurd account show up as transfers in and out of
budget accounts. Bummer-- looks like that check box
doesn't do what it says it does. (Should I read that
checkbox as "Include the cash account associated with
this Investment account in the budget planner?)

My question:

How can I get the investments portion of an investment
account in the budget? If this is impossible, what work-
around have you heard of to achieve the goal?

Thanks for the help!

--Michael
 

Tags
accounts, budgets, investment, market, money
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