Re: default cash account
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Posted by Mark on September 11, 2000 at 08:31:37:
In Reply to: default cash account posted by Jan Heeres on September 10, 2000 at 14:03:31:
: Hi Mark,
: I have some problems with the default cash account (DCA). I probably do not understand it quite well. So explain it to me.
: I have portfolio USD and EURO. DCA is in the EURO portfolio.
: If I sell/buy a stock in USD it is not automatically brought to EURO.
: Cann I solve this problem by having the same DCA in the USD protfolio?
: Tell me if I did not (due to my knowledge of your language) explain my problem clearly.
: Jan Heeres
Yes, you can make DCA your default cash account in the USD portfolio
if you wish. A cash account must be the default cash account in any
portfolio you're using in order for the proceeds to be automatically
transferred to/from it. Investments (including cash accounts) can
belong in as many different portfolios as you'd like.
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