[GNC] Investments - I want to play too! (figuring out money into holding account, purchase bond or stock index fund out of holding fund)

[Bruce Griffis]

Replying to myself in case other people have the same question. Once 
again, it was an RTFM issue, not a technical issue. 
https://gnucash-docs-rst.readthedocs.io/en/latest/guide/C/ch_invest.html 
section on Selling Shares spelled it out exactly. I'm good to go.


On 9/2/24 16:02, Bruce Griffis wrote:
> So, I retired last year. I did a rollover IRA, moving money from a 
> 401K into an individual IRA account. Investments are extremely simple. 
> Just index stock funds and bond fund.
>
> I don't need to track my old 401K. However, I do want to track the 
> money going in to my holding funds, then that money going out into an 
> indexed stock fund. At Fidelity, the holding fund is a short term 
> government bond fund called SPAXX. It currently pays about 4.9% and 
> reinvests. I have money invested pre-tax into one account and post-tax 
> money popped into a second account. So I'd like to figure out my small 
> post-tax account.
>
> Under Assets / Investments / Brokerage Accounts / Mutual Funds I have 
> SPAXX. Definition is FIDELITY GOVERNMENT MONEY MARKET. Symbol is 
> SPAXX. Online Quotes is working and I can get quotes. It is defined as 
> account type Mutual Fund.
>
> While I was figuring it out, I rolled over a small amount before 
> retirement in four separate transactions. Since I have this defined as 
> a Mutual Fund, my first transaction looks like:
>
> TRANSFERRED FROM DIRECT ROLLOVER FROM xxxxx PLAN yyyy as of 
> Aug-30-2023 (Cash)
>
> 2815.17 shares
>
> 1.00 price
>
> Buy 2815.17
>
>
> I did four separate small rollovers to get my after-tax account funded 
> before retiring. With that SPAXX, I bought in to one index bond fund 
> (FXNAX), one total US indexed stock fund (FZROX) and one International 
> index fund (FZILX). But I have no idea how to indicate this in 
> GnuCash. What I did do was set up FXNAX under Bonds and FZROX, FZILX 
> under Market Index.  The Bond Fund has account type Mutual Fund, as 
> does FZROX and FZILX.
>
> One area I am going very wrong is in recording my sale of SPAXX to 
> purchase FZROX or FZILX or FXNAX. Under FXNAX I have a transaction YOU 
> BOUGHT PROSPECTUS UNDER SEPARATE COVER FIDELITY U.S. BOND INDEX FUND 
> (FXNAX) (Cash) of 396.432 shares at 10.09 price for a toal of $4,000. 
> Under transfer, I am transferring out of SPAXX. However, when I go 
> back and look at my SPAXX account, I do not see it go down by $4k. So 
> I have to be doing something wrong as I don't show that money coming 
> out of SPAXX.
>
> Can someone step me through buying a stock index fund using money in a 
> money market type of fund? Volume for me is very low. I just funded a 
> pre-tax account and a post-tax account, went for a US Bond market 
> index fund, an International fund, a US fund, have dividend 
> reinvestments and maybe re-balance once or twice a year.
>