I have been experimenting with 2 of Intuit's personal finance management tools; I bought Quicken 2009 (in 2009) and am also trying their web-based program: Mint(dot)com.
But I have three investment types that I have been unable to put into either program.
First: My siblings and I were beneficiaries of Mom's IRAs, one of which consisted of a few limited partnerships. Three still exist:
a.) Southwest Royalties Institutional Income Funds X-B
b.) Southwest Royalties Institutional Income Funds IX-B,
c.) Divall Insured Income Properties 2
All remain in an IRA (I suppose it is a BDA now). Our inability to understand these assets has led to inertia on our part. But, the investments keep chugging along, pumping out quarterly disbursements that add up to a few hundred dollars a year.
Already quite illiquid, any sale is further complicated by co-ownership between six siblings. But, as far as I can tell, selling these would net us very little, but if we keep them, they will just keep depositing small but reliable distributions into a Trustee's cash account.
Is there a way to enter these investments so that the software can track, analyze or predict their performance?
Second: My spouse and I are both employed by the State of Florida and were both, by default, in the defined benefit pension plan. But I had a four year break in service after 17 years, when I tried some other career options, but returned to State employment last year.
When I left, I used my one time option to convert my retirement to the investment plan. I chose a low cost (.02% annual management fees) "core" investment: the Florida Retirement System's own FRS U.S. Stock Market Index S10 fund.
I cannot find a ticker for this fund. I am told it tracks the Russell 3000 index, and is managed for FRS by BlackRock Investments. How do I get it into my planning tools?
Third: During a one-year stint with a non-profit, I took advantage of their 3% match, putting some money into an IRA. The only option offered was a variable annuity through MetLife (Preference Plus Select B Class). I chose the Moderate Allocation Portfolio. But, again, no ticker and no way to track its performance, costs, etc.
Can anyone offer any help with these conundrums?
Last edited by Entish1
on Mon Aug 15, 2011 9:57 am, edited 1 time in total.