Remove or change an investment

Gerald Barnes

I have an ETF showing in three different investment accounts, but it should only be in two of those accounts. The third account entry should be a different investment, a mutual fund. I can't delete the third entry because it shows in the other two accounts. I can't change the entry because it wants me to merge quotes, which affects the other two accounts. What do I do? Thanks!

q_lurker

Gerald Barnes said:

I have deleted all transactions associated with the ETF in the third account, but Quicken won't let me delete the investment in that account ...

In what fashion are you seeing that security in the third account after you have deleted those transactions?  I would expect the "Holding" view of that account to show either no shares or no listing for that security after the transactions have been deleted.  What you you seeing?

It is possible that you have placeholders in play for that security in that account.  Check that showing of hidden transactions is included in your preferences.  If you do have placeholders in that account for that security, they too would need to be deleted.  

What you are describing in Quicken telling you other transactions need to be deleted is more likely you trying to delete the security from the security list.  That action would apply to all accounts and is not an action you would want to take.  

Tom Young

Assuming that "the entry" is referring to a transaction, e.g., a "Buy", you certainly should be able to delete that.  You may have to re-key entries in that third Account to reflect the actual activity in the mutual fund.  If there's not a whole lot of entries in the third Account that's the approach I'd take.

Gerald Barnes

I have deleted all transactions associated with the ETF in the third account, but Quicken won't let me delete the investment in that account as it keeps telling me I have other transactions that need to be deleted first. I'm assuming it's referring to the transactions in the other two accounts, which I do not want to delete. Rekeying entries for the mutual fund that should be in the third account (or adding it as a new investment) doesn't get rid of the ETF and the associated quote and market value added incorrectly to the third account total.

q_lurker

Gerald Barnes said:

I have deleted all transactions associated with the ETF in the third account, but Quicken won't let me delete the investment in that account ...

In what fashion are you seeing that security in the third account after you have deleted those transactions?  I would expect the "Holding" view of that account to show either no shares or no listing for that security after the transactions have been deleted.  What you you seeing?

It is possible that you have placeholders in play for that security in that account.  Check that showing of hidden transactions is included in your preferences.  If you do have placeholders in that account for that security, they too would need to be deleted.  

What you are describing in Quicken telling you other transactions need to be deleted is more likely you trying to delete the security from the security list.  That action would apply to all accounts and is not an action you would want to take.  

Gerald Barnes

Your solution to delete the placeholder worked perfectly. Thanks!!