Any one have a crystal ball handy? 401k buys in Q2005

Greetings and Salutations

trying to set up the 401k account. No financial data to import from a bank right now, so playing around.

But it seems that Quicken expects me to be able to predict the price of the various purchases both now and in the future, in order to enter the price per share of a future transaction. If I knew that, I'd not need a 401k to fund retirement, I'd just go straight to the track.

I've not been happy with Quicken since the great migration from QIF to QFX, and aside from the occasional update of portfolio prices, haven't used it for over a year (after using it since version 3, at least). The hassle factor went way too high for me. And this folderol with the 401(k)s just furthers my frustration with it.

tschus pyotr

-- pyotr filipivich "Set phasers to deep fat fy, extra crispy, Cajun style."

Reply to
pyotr filipivich
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So what future transactions are you entering?

You are correct that Quicken requires a price, regardless of the transaction date. Quicken is making the reasonable assumption that if you're smart enough to know your future transactions, you should also know the price.

Reply to
Fred Smith

Okay, so I'm late and catching up, but "Fred Smith" wrote on Mon, 09 Oct 2006 19:03:12 GMT in alt.comp.software.financial.quicken :

I'm entering "future" transactions for "today". I'm doing some "what if's, and I discovered that Quicken doesn't display data (ROI, etc) on stock if you don't own any. I suppose I could just stick a placeholder entry and then go back and edit it. But it would be nice if I could at least view the "current" quotes/price while doing a transaction.

True, but it also assumes that I have a separate copy of the prices when I'm entering historic transactions. I know, I know, I'm trying to use the software for financial research in a manner not compatible with a checkbook registry.

pyotr

-- pyotr filipivich "Set phasers to deep fat fy, extra crispy, Cajun style."

Reply to
pyotr filipivich

The options that I can think of are:

  1. Use the watch list.
  2. Enter historical dates. If your entries are fictitious, it shouldn't matter what date you use. Using dates previous to today will at least allow Quicken to look up prices, and calculate ROI. You can also override the price if needed.

I doubt that either of these will do exactly what you want, but, as you said, Quicken is not built for research.

Reply to
Fred Smith

Okay, so I'm late and catching up, but "Fred Smith" wrote on Wed, 11 Oct 2006 02:18:11 GMT in alt.comp.software.financial.quicken :

I was trying to make entries on the days I had historical data for (Nov

2, 2001 iirc) Grumble, but it wouldn't show what it had for "today's" price, so more grumbling. I must be doing this because I need more stress and frustration in my life :-)

I hacked out a work around. Still not happy with the New And Improved versions, but I realize there's no upgrade (profit) path without engineered obsolescence.

thanks pyotr

Reply to
pyotr filipivich

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