Re: default cash account

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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.

: Problem:
: 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.

: Thanks,

: Jan Heeres

Hi Jan,
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.

Thanks,
Mark
--
Mark Beiley

Fund Manager for Windows 3.1x/95/98/NT

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