Error in security value?

Posted by Stubby on October 27, 2006, 11:27 am

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I'm using Q06 D, rel 4.

In the Investing Center, For a certain stock Quicken lists Amount
Invested as 103500.00 Market Value as 3956.66 and Cost Basis as
4168.37 How can that be???? Thanks for your help.

Posted by R. C. White on October 27, 2006, 12:02 pm

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Hi, Stubby.

How can WHAT be?

What part of the information troubles you? That you invested $103,500 and
it's now worth only $3,956.66? Or that the Amount Invested does not agree
with the Cost Basis?

I can think of several answers for several possible questions, but I'd like
to see a better question before I start typing.

RC
--
R. C. White, CPA
San Marcos, TX
(Retired. No longer licensed to practice public accounting.)
rc@grandecom.net
Microsoft Windows MVP
(Currently running Vista x86 build 5744 RC2)

> I'm using Q06 D, rel 4.

> In the Investing Center, For a certain stock Quicken lists Amount Invested

> as 103500.00 Market Value as 3956.66 and Cost Basis as 4168.37 How can

> that be???? Thanks for your help.

Posted by Stubby on October 27, 2006, 1:03 pm

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R. C. White wrote:

> Hi, Stubby.

> How can WHAT be?

> What part of the information troubles you? That you invested $103,500

> and it's now worth only $3,956.66? Or that the Amount Invested does not

> agree with the Cost Basis?

> I can think of several answers for several possible questions, but I'd

> like to see a better question before I start typing.

The security in question is Vanguard GNMA so it's price doesn't
fluctuate wildly. The cost basis ($4168) and Market Value ($3956) are
roughly consistent. But where is the Amount Invested ($103,000) coming
from?

I'm getting a few more bits of info. This seems to have to do with
Vanguard converting my GNMA shares into GNMA Admiral shares. I might
not have done this correctly in Quicken. It's further complicated
because two accounts (IRA and Trust) are involved. Something is wrong,
but I'm not sure what!

Posted by Liron on November 20, 2006, 7:21 pm

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The amount invested would include any expenses incurred against that
security (e.g. MiscExp).

Liron

> R. C. White wrote:

>> Hi, Stubby.

>> How can WHAT be?

>> What part of the information troubles you? That you invested $103,500

>> and it's now worth only $3,956.66? Or that the Amount Invested does not

>> agree with the Cost Basis?

>> I can think of several answers for several possible questions, but I'd

>> like to see a better question before I start typing.

> The security in question is Vanguard GNMA so it's price doesn't fluctuate

> wildly. The cost basis ($4168) and Market Value ($3956) are roughly

> consistent. But where is the Amount Invested ($103,000) coming from?

> I'm getting a few more bits of info. This seems to have to do with

> Vanguard converting my GNMA shares into GNMA Admiral shares. I might not

> have done this correctly in Quicken. It's further complicated because two

> accounts (IRA and Trust) are involved. Something is wrong, but I'm not

> sure what!