No. of Recommendations: 1
<To start a brand new year with a clean slate, just create another Quicken file. From the File menu select "new", then "Quicken file". Up pops an empty file that you can do with as you will. Give it a name, and give your original file a name, and you can load either of them when appropriate (but you can't load both at the same time).> (Patzer)


I'll be darned. You learn something new every day around here. I've been using Quicken for two years and haven't tried that yet.

I just keep adding data as I go. I'm wondering what would be the advantage of creating the new file? Seems like you would have to start all over again entering all accounts and holdings. Yikes!

Note: I just updated from Quicken 99 to Quicken 01. One advantage to this upgrade is the ability to track one, three & five year returns. I don't believe earlier versions offered that feature.

BTW, has anybody tried the "Online account update feature?" If your financial institution offers it and you set it up in the program, you can update your account (tranactions, dividends, etc)with a mouse click. I thought I'd give it a try and loved the feature. I used to slave over those monthly statements entering each transaction by hand. Now, I just update online. It reconciles as well.

*note: Some financial institutions are not up to speed yet. My Fidelity investments worked fine but the feature did not work with my Datek account. They claim they are working on it. I suspect many of the brokerages will be adding this ability to interact with individual customers and their Quicken files in the next year or so.

Good luck with your investments.

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