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Author: PuddinHead42 Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 10390  
Subject: 401k tracking in Q Date: 1/4/2013 11:01 PM
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This has always bothered my. My company's 401k is with Fidelity, but it does not allow me to invest in "standard" funds. Sure, it has a "S&P 500" fund for example, but it does not have ticker symbol that Quicken can look up. I can live with that.

So, I have adopted a number of strategies, and maybe you guys have better ideas.
1) I have a standard paycheck transaction every 2 weeks, some goes to checking, savings, taxes, 401k etc. This shows up as an "Xin" transaction and increases my cash balance. That is "ok".

2) If my 401k changes in value, I might add a fake transaction for a value that makes my account "balance" with the real world. So sometimes it might be an increase or decrease. I don't do it too often, maybe once a quarter. I have tried different methods: "CGlong" or "RtrnCap". I do this because if I try to just increase the cash balance, it wants to transfer it in from somewhere, but of course there is no transfer account with a balance that it can transfer from.

3) in order to accomplish #2, I have created a fake security called "DIP Fund" and I always say the share value is $1.00 to keep it easy.

4) I have just gone back to my Fid online records and decided to "more properly" account for company matching, which does not show up in the paycheck. Instead of doing it every 2 weeks, I see what the total is at the end of the year and make it a Dec 30th transaction. I do it as an "added" shares of the fake "DIP fund".

5) by having both cash and shares of the fake DIP fund, I can't display a single valid balance on the right side of the ledger, it only shows my "cash" value. At the bottom is shows my Cash + Securities value. I would like to balance my account each Dec 31, but I can't go backwards and do that unless it is all represented as cash so I can see full balance. I could add the cash balance and the DIP balance, but that kind of stinks.

6) I also have some I did as "Miscellaneous" income and "BoughtX". totally random over the years.

So, how do other people on the board handle messes like things. Thanks in advance for your advice.

P.
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