Multiple Library Questions

Yes, I've read the A3 manual, did a "search" on this forum (and many others), looked at YouTube videos, etc. But I'm still a little confused, so I'm hoping someone can help me out so my feeble brain can understand! Sadly, I'm the polar opposite of a techie, but I'm doing my best to comprehend.

I know how to create a new library, but how exactly do I transfer my Master files from one library to another? For example, I want to at least have a library for each year. So if I rename my current one "2010" and make a new "2011", then how do I pull the Masters from one to the other?

If it matters, I'm waiting for the new iMac refresh. I currently have a MacBook 13" with 4Gb ram and 500GB hard drive with two 1TB external drives. Thanks!

 

Thanks for this. I read that thread earlier, but my poor mind didn't quite grasp it. I printed it out this time, and will go over it in more detail when I have time. Like you said, drag and drop would sure solve lots of issues!