This has the practical effect of locking you forever into Quicken or going to the tedious and error-prone trouble of re-entering the data manually, Cash management accountДЄlmost all of my retirement funds are in a Fidelity IRA, and lately they have been touting the benefits of a no-fee Cash Management Account (CMA) that is functionally equivalent to a checking account at a bank. For a checking account, yes, but for your investments, no. But what makes Quicken particularly pernicious is that it will not let you export the data for investments.

No export.В Quicken keeps everything in a database. This is tantamount to recreating the entire transaction history that Quicken has just obliterated. It then wants you to supply the cost basis for all the shares under the new name. What Quicken does is (a) 'remove' all the shares under the old name and (b) 'add' a 'placeholder' for the total number of shares under the new name. The simple thing to do would be to simply change the name of the security in Quicken's database. Placeholders.В Every now and then an investment will change its name. Now, however, Quicken has shot to the top of my list of Software-That-Is-Just-A-Pile-Of-Crap. Alas, Microsoft dropped Money, and I switched back to Quicken. I switched to Microsoft Money, which it turned out I liked a lot. At one point I became disgusted and tried Moneydance, but it had some critical shortcomings. But as the years went by, Intuit added more and more frippery to the program, increasing the complexity and, often, decreasing reliability and usability. It wasn't great but for the most part it worked. No more.ДЄ bit of background: Many, many years ago I started using Quicken to keep track of my finances. Novem| Once upon a time in a galaxy far, far away, Quicken was looked upon as a godsend for those wanting to manage their finances on their computers.

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