<title>Learn how many investment accounts to create</title>
<category fLocale="cdn">investing</category>
<klink type="prcdr">Tell me how many investment accounts I should create</klink>
</index>
<content>
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<p>When deciding what investment accounts to set up, use the one statement to one account rule. That is, create one investment account in Money for each investment statement you receive.</p>
<p>For example, if you have a money market fund and several stocks purchased through the same investment broker and under the same account number, you should create one investment account and list each investment in that account separately. If your investments are in two accounts at one brokerage, create two investment accounts in Money.</p>
<p>Because retirement accounts are treated differently for tax purposes, be sure to track them in their own account. For example, if you and your spouse each own a retirement account, such as an IRA, and you have a joint regular investment account at the same brokerage firm, create two retirement accounts for the IRAs and one nonretirement investment account.</p>
