Transferring funds between Investment accounts

Concordman Mac Beta Beta
edited February 2019 in Investing (Mac)
Presently I am arranging to transfer funds from a money market account to a new investment account. . As I understand transfers between investment accounts in QM do not work.. Can someone counsel best way to proceed with this type transaction?

Best Answer


  • RickO
    RickO SuperUser, Mac Beta Beta
    Transfers of cash to work just fine. Since the balance in the MM account is cash, you can create a transfer transaction that moves the funds from there to the new investment account.
    Quicken Mac Subscription; Quicken Mac user since the early 90s
  • jacobs
    jacobs SuperUser, Mac Beta Beta
    If you currently have shares in your money market account, you will need to Sell or Remove Shares to convert your share balance to cash. Then you can transfer the cash to the other account, as @RickO says, and then Buy or Add Shares to convert the cash in the new account back into shares.
    Quicken Mac Subscription • Quicken user since 1993
  • Frustrated Q17 Mac User
    I am trying to transfer a cash balance from one investment account to another. What do I choose under "type" in the created transaction? Thanks
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