How do I change the Net Worth report to include unrealized gains for a retirement account?

Unknown

Sherlock

splasher

I'm confused.  When I run the Networth report, it shows the Market Value for my investment accounts.  Last time I checked, by definition, unrealized gain is the difference between Cost Basis and Market Value, which means that it is included in the Networth report, so why do you feel the need to "manually record the unrealized gain every quarter using the category _UnrlzdGain" ? 

Wouldn't that overstate your networth?

Unknown

Unknown

splasher said:

I'm confused.  When I run the Networth report, it shows the Market Value for my investment accounts.  Last time I checked, by definition, unrealized gain is the difference between Cost Basis and Market Value, which means that it is included in the Networth report, so why do you feel the need to "manually record the unrealized gain every quarter using the category _UnrlzdGain" ? 

Wouldn't that overstate your networth?

no, the account is used as a placeholder. No details It just has the statement balance.

splasher

splasher said:

I'm confused.  When I run the Networth report, it shows the Market Value for my investment accounts.  Last time I checked, by definition, unrealized gain is the difference between Cost Basis and Market Value, which means that it is included in the Networth report, so why do you feel the need to "manually record the unrealized gain every quarter using the category _UnrlzdGain" ? 

Wouldn't that overstate your networth?

So, you are not tracking the transactional data of the investment account in Quicken?

Jim_Harman

Maybe you could take a step back and explain what you want to track about this account besides the balance.



Are you making deposits to the account or taking withdrawals?



With this info, we can suggest ways to accomplish this short of ending all the actual holdings and transactions.

Sherlock

Unknown

Unknown

splasher said:

I'm confused.  When I run the Networth report, it shows the Market Value for my investment accounts.  Last time I checked, by definition, unrealized gain is the difference between Cost Basis and Market Value, which means that it is included in the Networth report, so why do you feel the need to "manually record the unrealized gain every quarter using the category _UnrlzdGain" ? 

Wouldn't that overstate your networth?

Correct, see example in my response to Jim below,.

q_lurker

splasher said:

I'm confused.  When I run the Networth report, it shows the Market Value for my investment accounts.  Last time I checked, by definition, unrealized gain is the difference between Cost Basis and Market Value, which means that it is included in the Networth report, so why do you feel the need to "manually record the unrealized gain every quarter using the category _UnrlzdGain" ? 

Wouldn't that overstate your networth?

@Gary Rademan:  In your "response below", do you have some extra 0's on the last three lines.  I am hoping you will still have the ability ti edit that post if so.

Jim_Harman

Jim_Harman

volvogirl

splasher said:

I'm confused.  When I run the Networth report, it shows the Market Value for my investment accounts.  Last time I checked, by definition, unrealized gain is the difference between Cost Basis and Market Value, which means that it is included in the Networth report, so why do you feel the need to "manually record the unrealized gain every quarter using the category _UnrlzdGain" ? 

Wouldn't that overstate your networth?

No looks like he just put the comma in the wrong place on the first line. 100,000

Jim_Harman

Unknown

Thanks Jim, you've been more than helpful. In a 401(k) I just care about the balance, so your suggestion Is even easier implement w/o having to worry about cost basis or for that matter interest. Not the solution I was expecting but I like it!

Jim_Harman

Unknown