BEFORE I do a OSU
(One Step Update) I go into Schwab and manually check for new transactions.
If there are any new transactions, I manually
enter them into their respective investment account. Then I do the OSU
and see what matches. Or, in other words, see how lucky I'm going to get
today. I accept the matches and delete the bogus downloads.
Well, this morning I entered two transactions from
one of my mutual funds. They were a reinvestment of both short- and
long-term capital gains.
The download had FOUR transactions (from Charles
Schwab and Co., Inc.) in which NONE matched. I deleted all four
(downloaded transactions) and our account is now accurate to the penny.
I guess I need to look at the bright side and say
well at least my account is activated, connected and the transactions at least
downloaded into the correct account. We'll just forget the minor issue
that the downloaded transactions are not accurate.
Oh, I forgot to mention that on the first OSU I
got the red flag next to the account, but no transactions appeared. I had
to execute a second "Update Transactions."
I hope you understand why I have little to
zero confidence in Q downloads for our investments. I hope you see the
reason why every morning BEFORE I do a OSU (One Step Update) I go into Schwab
and manually check for new transactions. Most importantly, in the
last four weeks I've learned to depend on my fellow Q Community members like
you for guidance, counsel and suggestions.
I sincerely hope this posting is read by the