quicken 2007 basic question

In general, Yes, but it depends on your brokerage house. I have Charles Schwab and I download directly into Quicken without any problems.

Check the availability of your brokerage firm, here:

Basic is no different from other versions with respect to downloading capability - bank accounts, regular brokerage accounts, credit cards, etc. - with the following exception.

Basic does not include QW's specific version of the 401k account - I used a tax-deferred brokerage account for this in the past. Not sure about the ability to download a brokerage 401k into a QW tax-deferred brokerage - downloading was not available from the FI at the time.

I have successfully downloaded a brokerage IRA account into a QW tax- deferred brokerage account - I did not use QW's specific IRA account type - no problems.