What's the best Quicken book?

=============Quicken is brain-dead when it comes to investments. Anything beyond a simple buy or sell of a stock is unknown territory for Quicken.
Reply to
az-willie
Perhaps, but the Help is also poor. I'm wasting a lot of time trying to get answers to very simple questions. I was hoping a book could help. So please stick to topic of this thread.
Reply to
Howard Kaikow
Didn't think that I would hear it in this NG! After more than 10 years of using MYM, decided to wrap it up. $ 70 for Quicken 2007 -- only to find that when it comes to investments it is a lot of brain dead eye candy. Really is nothing more than a fancy calculator ... in case you cannot balance your cheque book.
Hallalujeh!!! Yes, I type in things and there is nothing there .... Wonder what is the point of "Help".
If you, like me are only interested in investments, why are you wasting your time with Quicken. Give Fundmanager a try.
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They are even kind enough to offer a free trial.
" The evaluation version can be started 60 times before a license key will be required. The program is fully functional during the evaluation period. After purchasing a license key you may continue on using any data generated with the evaluation version."
gs
Reply to
Gerorge Smith
Thanx.
Actually, I was only interested in the ability to compare capita lgains taxes using actual cost vs. average cost. for this year and on.
"60 times" may not be enough to evaluate.
After I do taxes, I'll download and take a look
Reply to
Howard Kaikow
Indeed. Liked the bit about
"Multiple portfolios - Allow you to track investments for multiple people, or your own multiple portfolios."
Amazed that Quicken cannot do this in this day and age .....
Also, the NAIC has a package called Portfolio Record Keeper.
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It has undergone major upgrades and facelifts in the past ten years and is supposed to be quite good according to product comparison reviews.
gs
Reply to
Gerorge Smith
For Investments, Quicken is weak. And, Quicken downloaded a transaction claiming that Fidelity Contrafund paid a dividend yesterday, at least in my account, but not in my sister's accounts. Fidelity states that no such dividend was issued.
Reviews where?
Reply to
Howard Kaikow
Well, I finally finished entering the transactions for all of my sister's accounts and my account.
The Investment option is not ready for prime time:
1. Entering stuff in the register is buggy. 2. Some other errors may be the result of issues with Fidelity's server, but still not nice when transactions are skipped or coded wrong. 3. Summary pages are not accurate due to rounding. 4. Tried doing an Investment Performance report:
a. The incorrect total market value was used, i.e., $3030.65 less than the market value on the Summary tab. Why would not the value on the Summary tab be used. makes no sense?
b. I did not find a way to get annualized returns for each security in the account. 5. did not see a way to compare average cost and actual ccost, might be there, but the Help is inadequate.
So, after I do taxes, I'll take a look at Fund Manager, etc.
Reply to
Howard Kaikow
I had similar problems with the one account that I could set up. Part of the problem, or may all of it, is due to the many hidden things selected by Quicken in all those drop down menus. It was a pain to go through all the selections (as there Quicken does not allow heirarchical portfolios) before I got the number the I wanted to get calculated. In any case, Quicken does not seem to be made for investmets.
Say that again ... Perhaps Quicken uses a substitutional cipher in which J = H, O = E, K = L and E = P. Given that they give no written material with the software, do not explain how the thing works, etc. it is frustrating. And no support either.
Same here. Just finished taxes. Will download and evaluate Fund Manager. The user testimonials and the awards received are a definite plus, not to mention the web tutorials.
gs
Reply to
Gerorge Smith
"Portfolio Record Keeper" " Personal Stock Monitor" " Fundmanager"
Can any of these investment software download investment transactions from a stockbroker or do all transactions have to be entered manually?
Jeff
Reply to
Jeff
Remember that you are limited to the most recent, say, 90 days for a download. Period is up to Fidelity, etc. to choose.
I just started looking at all 3 (anything to put off doing taxes!). For example, Fund Manager, allows manual input, input from various file formats and download from many places that have OFX servers. I would expect that the other two do likewise.
It made no sense for Intuit to disable importing files in Investments. Makes me really wonder whether the folkes there have their head on straight.
I am not going to download the trials until after I do my taxes. I want to do this whilst I can still use the Quicken trial. I believe that I installed on 4 March, so I guess it runs out first week of May. Hmm, I wonder if these programs can be installed concurrently.
Reply to
Howard Kaikow
Well, if misery loves company, that should make use both happy.
"Help", what's that?
In my quest to postpone doing taxes, I more carefully investigated the info on the three products at their web sites. For dealing with just mutual funds (it may also handle ETFs), based on reading the info, Fund Manager is the clear winner.
Heck, there's even "documentation"!! Most of my questions were answered merely by looking at the info at the web site and the screen shots provided.
Of course, I do not intend to download the trial until after I do taxes. but my flesh is weak, who knows what I might do in an impulsive moment,
Reply to
Howard Kaikow

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