After you set up the account, select the investment account from the Account List and click Open to open the Create Opening Share Balance dialog box. Usually, you don’t want to use this dialog box because it doesn’t allow you to enter the actual cost data that is useful for tax calculations, so click Cancel [...]
Archive for January, 2012
Keeping Manual Investment Records Part (2)
Posted: 30th January 2012 by Angelina in broker, Internet, investor, Online InvestingTags: Investment, Keeping, Manual, Records
0
Keeping Manual Investment Records
Posted: 26th January 2012 by Angelina in broker, Internet, investor, Online InvestingTags: Investment, Keeping, Manual, Records
If you’re forced to use an online broker that won’t let you automatically download account transactions into your record-keeping system, you need to perform this record-keeping manually. Again, let us say that if at all possible you want to avoid this work especially if you’re actively buying and selling securities.
Record-Keeping for Online Investing
Posted: 22nd January 2012 by Angelina in broker, Internet, investor, Online InvestingTags: Investing, Keeping, Online, Record
In order to keep records of your online investing activities, you’ll need to get a personal record-keeping program such as Quicken or Microsoft Money. Both programs work well, but Quicken is the more popular and more powerful tool, so we’ll discuss how record-keeping works with Quicken.
Resources for Online Investors
Posted: 18th January 2012 by Angelina in broker, Internet, investor, Online InvestingTags: Investors, Online, Resources
As mentioned throughout this book, the Internet gives you access to a plethora of online resources useful for performing investment research and making better investment decisions. No list of online investing resources can ever be complete—and if it was complete.
How Online Investing Works Part (6)
Posted: 14th January 2012 by Angelina in broker, Internet, investor, Online InvestingTags: Investing, Online, Works
8. Indicate the duration of the order. Select an entry from the Duration drop-down list box. Day means the order is good for a day, and GTC, which stands for “good ’til canceled,” means that the order stays outstanding until either it’s executed or you cancel it. After you have described in detail an order [...]