Mutual funds

Derek Atkins warlord at MIT.EDU
Sun Apr 2 09:56:24 EDT 2006


Quoting JBW <figure8cutty at bigpond.com>:

> How do I transfer $500 from my asset "bank account" to the asset 
> "mutual fund"? The problem is that the mutual fund is measured in 
> shares and the money in the bank account is measured in $, a direct 
> transfer seems inpossible.

Nah, it's quite possible.  Just enter the transaction and then
specify the price/exchange-rate -- (or the number of shares) --
in the exch-rate dialog.

This has been discussed a lot recently on this and the -devel list.
Please read the archives.

-derek

-- 
       Derek Atkins, SB '93 MIT EE, SM '95 MIT Media Laboratory
       Member, MIT Student Information Processing Board  (SIPB)
       URL: http://web.mit.edu/warlord/    PP-ASEL-IA     N1NWH
       warlord at MIT.EDU                        PGP key available



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