/rant on
I have stopped reading your long paragraph replies please try to be more concise
/rant off
Sorry but 4 or 5 a day grates on me.
/rant on
When communicating online, there is something known as netiquette which are rules for electronic communications since the 1980s:
/rant off
My apologies anyways.
Yes, it might be long paragraph replies but you have to remember that it's a contribution and as I read a lot of forums daily including this one and barely have time to sleep, 1-2 hours daily or every 48 hours and also taking care of my 95 year old mom who lives with me, I am typing the entire message in 2-3 minutes flat and most of the time, my hands actually type about 3 seconds faster than the text shows up and while I do catch mistakes that I correct but if I try to be more concise, I will forget what else I was going to add. I am already running on a 13 year backlog with over 850,000 unread emails among other things and also, being in California, for people who either have businesses or lives in any of the counties considered disaster areas, our April 15, 2023 tax deadline has actually been extended been changed to October 15, 2023 which is 6 months later and unlike the others who have regular deadlines, I don't think we can extend it. Why I mention that, before I can even do my taxes which takes 1-2 days for both myself and my mom, I also have to basically manually do the following for each of my financial accounts which is close to 100:
1) Bank accounts - copy the current balance and update it into Microsoft Money
2) Investment Accounts - this is the one that takes long as I have to manually put everything since February 28, 2022 into Microsoft Money where I will also copy the current cash assets, the total account balance which needs to be compared and updated after I finish entering the transaction data and ofcourse for the transactions, I will just select everything on the account I am working on from February 28, 2022 until now then copy and paste it then what I do is I need to go through each date and delete the useless lines which are either blank and the useless transactions like deposits and interest payments which includes Money Market Fund Dividends and Reinvestments. Then after that, the events I keep are stock splits, dividends on securities, dividend reinvestments, stock spin-offs, foreign tax paid for dividend and ADR management fees. Stock splits are easy as I just need to find out the split, it takes 2-3 seconds. Dividends on a security for each event also takes 10 seconds because I manually memorize the date to type it in and copy and paste the $ value, then for dividend reinvestments, I also memorize the date/the number of shares, copy and paste the per share price and hopefully the total price matches the dividend value - any fees and foreign taxes paid on the dividends. If not, then I have to delete the per share price and instead put in the dividend value - any fees and foreign taxes paid on the dividends and the program will put in the correct per share price as it needs the qty of shares and either the cost per share or total cost with 2 out of 3 variables. And this is the easy part. If there was a stock spin-off, merger, etc, then there would need to be manual adjustments done for all transactions for that security which may date back 30 years as well as things like cash paid as part of the spin-off/merger and the shares that got converted to cash also needs to be recorded which now requires looking at the online PDF copy of the statement for the month it happened as the transactions will show cash-in-lieu but only the amount, it never shows how many shares were sold to get that cash amount and spin-offs and mergers also has another issue, that is determining how many % of the original investment amount went to each of the securities to figure out the cost basis like AT&T spins off Warner Discovery Media, after getting the AT&T shares because AT&T bought Time Warner Cable, the original transaction as well as all transaction $ amounts will need to be adjusted so the % of the original investment goes to each one correctly and also add all the transactions to the from the AT&T record into the new Warner Discover Media with the correct $ amount based on the % of the amount on the AT&T side before all the % adjustment and that takes time because one or more mistakes in the $ amount will cause incorrect calculations for now and the infinite future as I won't have the original $ amount on the AT&T side after I changed it to correct the issue. And for each transaction, after I input it, I will still confirm it is correct before deleting it in notepad. The other thing is I need to compare the names and symbols to companies to make sure they are up to date since some companies have changed names along with a new symbol so until I change it, there will not be updates to the prices of that security. After all is done, I adjust the cash balance to match what was copy and pasted and also compare the total account value which was copy and pasted which can't be change. And that is only one account. I honestly don't know how long it will take for all the accounts as it depends how many different things happened in each account.
I know I can read the forums every few days but that hasn't worked well as basically there are more unread threads in the Dish and Dish Hopper+ forum which requires even more time spent.
