Chapter 14. Stocks and Bonds
In This Chapter
Setting up a brokerage account
Describing the securities in a brokerage account
Transferring cash to and from a brokerage account
Buying stocks and bonds from a brokerage account
Recording income from securities held in a brokerage account
Recording margin interest, miscellaneous income and expenses, and return of capital
Updating securities prices
Adjusting your brokerage cash balance
Adjusting your brokerage account shares
After you understand how Quicken handles tax-deferred investments, working with a regular taxable brokerage account (and the extra complexity that such an account typically includes) is a snap.
If you haven't yet used Quicken for tax-deferred investment record keeping or read Chapter 13, I recommend you at least skim Chapter 13. That chapter provides some useful information about the fundamentals of investment record keeping with Quicken.
Setting Up a Brokerage Account
Setting up a brokerage account is similar to setting up a regular tax-deferred account. Because I describe this process in painstaking detail in Chapter 13, I don't repeat the discussion here.
The one bit of information that I will note is this: During the investment account setup process, when Quicken asks you what kind of account you're setting up, specify that you're setting up a standard brokerage account.
Recording your initial share balances
If you've already read or skimmed Chapter 13 (which talks about using Quicken to track tax-deferred investments), you ...