51

Transactions / Re: IRA transactions

« Last post by Forum Administrator on March 31, 2020, 01:02:33 PM »

Linda, you still can use the sale function to record this activity, with the MMF offset.  You just will not report that to the IRS for capital gains for your IRA.  If any add'l questions, please let us know. You can reach our support team directly using this email:

techsupport@investmentaccountmanager.com

Matt

52

Transactions / IRA transactions

« Last post by LindaC on March 28, 2020, 05:51:43 PM »

How do you record an IRA mutual fund (sale) transfer into the corresponding money market account without triggering a gain/loss?  Both my portfolio and my asset are marked as non-taxable.

Thanks
Linda

53

General Discussion / Re: Mkt Price Taxable Bonds

« Last post by Forum Administrator on March 22, 2020, 08:44:38 AM »

Bob, under the asset library menu | current asset library | select the bond, then the edit tab, to update the market price.  If you have add'l questions, please let us know, you can email us directly at:

techsupport@investmentaccountmanager.com

Matt

54

General Discussion / Re: Mkt Price Taxable Bonds

« Last post by Wetherbee on March 19, 2020, 08:34:21 AM »

Hi Matt, how do you go about and manually updating them in the asset library?

55

Announcements / Blog Post - Concentrated Investment Positions

« Last post by Forum Administrator on March 03, 2020, 09:31:36 AM »

With the recent runup of stock market levels over the past several years, many investors might find one or more of their investment holdings have appreciated considerably in value, now representing a disproportionate percentage by market value. With this in mind, it is important for investors to pay attention to these concentrated investment position(s), an important investment concept that often is over-looked for proper portfolio management....

https://www.investmentaccountmanager.com/products/concentrated-investment-positions/

56

Announcements / Blog Post - Benchmarking: The Art of the Science

« Last post by Forum Administrator on February 01, 2020, 09:15:47 AM »

As found in the Merriam Webster dictionary the term “benchmark” has the following definitions:

> a mark on a permanent object indicating elevation and serving a reference in topographic surveys and tidal observations.

> a point of reference from which measurements may be made.

These definitions clearly suggest that a benchmark serves as a point of reference. The real key here—in the world of investments—is selecting a performance benchmark that is similar to the portfolio being measured against it. This often does not happen, which is why performance benchmarking so often is sheer lunacy.

https://www.investmentaccountmanager.com/products/benchmarking-the-art-of-the-science

57

Announcements / Blog Post - Defining Your Investment Objectives

« Last post by Forum Administrator on January 02, 2020, 12:30:14 PM »

With the start of 2020, now is an ideal time for investors to review their forward-looking investment objectives, understanding these objectives are affected by short- and long-term needs and changing requirements....

https://www.investmentaccountmanager.com/products/defining-your-investment-objectives/

58

Announcements / Blog Post - Save and Invest

« Last post by Forum Administrator on December 02, 2019, 08:51:07 AM »

Saving is a key principle. People who make a habit of saving regularly, even saving small amounts, are well on their way to success.  It’s important to open a bank or credit union account so it will be simple and easy for you to save regularly.  Then, use your savings to plan for life events and to be ready for unplanned or emergency needs.

https://www.investmentaccountmanager.com/products/save-and-invest/

59

Transactions / Re: GE Spinoff of GE Transportation

« Last post by Forum Administrator on November 29, 2019, 09:51:35 AM »

If you contact the investor relations division on GE's website, they will provide the proper share ratios and cost basis allocations.  Once you have this information, with proper market prices on the date of the spinoff, you can enter this under the IAM Transactions Menu | Global Transactions | Spinoff function. If you have add'l questions, please contact our technical support team: techsupport@investmentaccountmanager.com

Matt

60

Transactions / GE Spinoff of GE Transportation

« Last post by RJANES on November 27, 2019, 11:54:18 AM »

Has anyone determined what the tax consequences of this transaction is? It appears that the spinoff is taxable to GE share holders with a reduction in GE basis. If so how should this be accounted for in IAM?