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Posted by John Pollard on April 24, 2007, 9:49 am
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Dunbar wrote:
> I just loaded all of the info for my Roth IRA in Quicken
> 2007 Deluxe. It looks like it is ignoring the dividends
> and capital gains that go reinvested into the same fund
> for the gain/loss calucation. This obviously reduces the
> apparent gain in the value of the fund(s).
> The cost basis gets increased with the reinvestments
That's how Quicken does it and that's the way it should be done.
It's no different than if a dividend check was mailed to you,
and you used the dividend check to purchase more shares of the
security. A reinvestment is really a Dividend plus a Buy.
> but I still think
> gain should be calcluation by subtracting current value
> by original purchase price. Am I wrong in my thinking?
You should check the Quicken "Glossary" (and follow up any
links/references to other Quicken Help) for the definitions of
the various "return" values that Quicken can display. Amount
"invested" and amount "reinvested" can play different roles in
different return calculations.
--
John Pollard
First initial underscore Last name at mchsi dot com
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