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No you are wrong. The total investment includes the reinvestments. You actually did buy more shares. You don't want to pay tax twice on the dividends do you? Have you sold all the shares yet?RCinNJ said:"Hold on now. You invested 26,225 but you now have 25,665. That sounds like a loss to me." No. The total investment on 12/3 was $25,000.
"No you are wrong." Maybe, but I don't think you are accurately restating what I am trying to say.RCinNJ said:"Hold on now. You invested 26,225 but you now have 25,665. That sounds like a loss to me." No. The total investment on 12/3 was $25,000.
"You did pay for the 11.5 shares." Yes, using proceeds from the original investment. My problem with how QM is calculating the Total Gain/Loss column is that it would give different total answers if I reinvest or don't reinvest dividends.volvogirl said:You did pay for the 11.5 shares. You have to think of the reinvested dividend as really 2 separate transactions. You received a dividend and then you bought more shares. Maybe you better change your account at Vanguard and have them start sending you the dividend and then you make a purchase to buy the new shares.
No, you're not stupid, and Vanguard doesn't think your stupid either. Take a look at this article....RCinNJ said:I guess I'm stupid. However, I received 11.5 shares that I did not pay for as part of my return on the investment. Adding in these shares there is a small gain over what I paid for the investment. I am interested in total return not just the value of my original shares. That is what I consider my gain or loss on an investment. If there is a stock split and I end up with twice as many shares I haven't made anything. The fact that my shares are now worth 1/2 as much does not mean I lost money. To me, only the total value of the investment minus what I paid has any meaning.
Thanks for the link!RCinNJ said:I guess I'm stupid. However, I received 11.5 shares that I did not pay for as part of my return on the investment. Adding in these shares there is a small gain over what I paid for the investment. I am interested in total return not just the value of my original shares. That is what I consider my gain or loss on an investment. If there is a stock split and I end up with twice as many shares I haven't made anything. The fact that my shares are now worth 1/2 as much does not mean I lost money. To me, only the total value of the investment minus what I paid has any meaning.
Link provides some good info but note that the info is not presented very well. For better comparison, ending price for Fund B should also be set to $11 and the reinvested dividends should be at the then market value. This would give a better comparison and better understanding, IMO. But the info is still useful nonetheless.RCinNJ said:I guess I'm stupid. However, I received 11.5 shares that I did not pay for as part of my return on the investment. Adding in these shares there is a small gain over what I paid for the investment. I am interested in total return not just the value of my original shares. That is what I consider my gain or loss on an investment. If there is a stock split and I end up with twice as many shares I haven't made anything. The fact that my shares are now worth 1/2 as much does not mean I lost money. To me, only the total value of the investment minus what I paid has any meaning.
RCinNJ you are correct. That is the way Fidelity figures cost basis. Dividends are not added to your cost basis for calculating Total Return.volvogirl said:You did pay for the 11.5 shares. You have to think of the reinvested dividend as really 2 separate transactions. You received a dividend and then you bought more shares. Maybe you better change your account at Vanguard and have them start sending you the dividend and then you make a purchase to buy the new shares.
No mention of it in any release notes...Concordman said:I don't think this has changed in QM18.. Would like to be wrong..
OP, and others who are thinking rationally about his subject, rest assured that this is an easy calculation that you can do yourself.Concordman said:I don't think this has changed in QM18.. Would like to be wrong..
I am looking for the same function. As the OP said thatConcordman said:I don't think this has changed in QM18.. Would like to be wrong..