Q08 Update this AM?

Posted by Hank Arnold (MVP) on January 3, 2008, 4:53 am

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Any ideas as to what changed? I got an update when I started Q08 this
AM. The program is still Release 5.
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Regards,
Hank Arnold
Microsoft MVP
Windows Server - Directory Services

Posted by David A. Lessnau on January 3, 2008, 7:54 am

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No update here. In the past, I believe these "phantom" updates were just
updating things like the online payees.

Dave

> Any ideas as to what changed? I got an update when I started Q08 this AM.

> The program is still Release 5.

> --

> Regards,

> Hank Arnold

> Microsoft MVP

> Windows Server - Directory Services

Posted by Rick Blaine on January 3, 2008, 9:36 am

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>No update here. In the past, I believe these "phantom" updates were just

>updating things like the online payees.

Intuit pushed out the help fix this way as well...

Posted by skidmarks on January 3, 2008, 8:40 am

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This question has been bothering me for some time. Quicken folds in
dividends as part of the cost of mutual funds and stocks. This doesn't seem
to be a good decision for motivating buys/sells or for tax considerations in
shielded accounts. As an example:

Gain
Day Transaction Price Amount Value Quicken Other
1 Buy $1.00 $1.00 $1.00 0% 0%
2 Dividend $1.00 $1.00 $2.00 0% 100%
3 $0.90 ----- $1.80 (20)% 80%

On Day 3 Quicken shows a loss of 20%, because the dividend is folded into
the cost basis, but the actual gain is 80%. When buying/selling I would use
the 80% as an indication to purchase and the (20%) as an indication to sell.

When taxes are considered it seems more befuddling to me because tax
sheltered accounts (401k, Roth IRA, etc.) have no tax liability on dividends
(and capital gains) and it seem to me that folding the dividends into the
cost basis makes no sense at all.

What am I missing?

Is there any way to not use cost basis accounting?

thanks

Posted by Han on January 3, 2008, 8:58 am

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$607ed4bc@cv.net:

> Any ideas as to what changed? I got an update when I started Q08 this

> AM. The program is still Release 5.

I didn't notice any kind of update this morning. Could it have been the
regular FI update?

--
Best regards
Han
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