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Posted by JimH on January 30, 2008, 10:33 pm
Please log in for more thread options Joe Lauton wrote:
> With the Basic 06 version - doing a net worth calc for the last 3.5
> years - I get useless data and chart.
>
> I chase yields on CDs so I'm constantly opening, adding interest and
> closing accounts with zero balance which are then hidden.
>
> Apparently any such account does not show in past net worth calc's. It
> does appear that there have been recent large gains - which is
> non-sense since the money was simply moved from account to account.
> Not sure that it would make any difference if an account is un-hidden?
> If one delete accounts with zero current balance would likely do
> something similar??
>
> Is there a useful way of using this?
> jl
I do the same thing, and ran into the same problem. I just remove the
old accounts from the navigation ie. "Hide in Navigation". The accounts
are still there, but they don't show up on the home page. They end up
being displayed in "Other Accounts". I also went to each one, and
deactivated online access.
I guess with CD rates so low, it will not be much problem for a while.
BTW: One alternative is to open a brokerage account at a bank like Wells
Fargo, and let them buy your CDs for you. You won't always get the best
rate, but they can find good rates, and spread your money around at
various banks to insure that you are covered by FDIC insurance.
---
Jim
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