DRIP funds

Allen Ziegenfus listmail at allenz.net
Mon Aug 23 10:26:04 EDT 2004


On the fine day of Thu, 19 Aug 2004 10:11:22 -0700 (PDT)
Thomas Vitolo <tjvitolo at yahoo.com> said very eloquently:

> Assets
>   Brokerage Accts
>     PG_Account (USD)
>       PG Stock subaccount (shares stock PG)
> 
> For dividends, have the income->dividend put into the PG_Account,
> whose currency is USD.  Then, have the PG Stock subaccount transfer
> USD from the PG_account, and use it to purchase shares of PG with it.

What's the purpose of the PG_Account ? Is it just so you can always see
the cash value of your PG stock? 

As far as reporting, GnuCash may not currently display returns as you
expect. The Portfolio report shows reinvestments as part of
the cost of the investment. 

Allen-- 
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