I have a question about downloads to my 401K.

Why are there three amounts listed in Quicken?
1. securities value
2. cash balance
3. total market value

Total market value is the highest number. This is the amount that is incorporated into my total net worth.

Is this correct? Which amount should I be concerned about?

Best Answer

  • NotACPA
    NotACPA SuperUser, Windows Beta Beta
    Accepted Answer
    #1 is the value of all securities held in the account
    #2 is the value of any cash, not invested in securities, that the account holds
    #3 is the sum of #1 & #2
    I'd be concerned with all three.  Because any errors in 1 or 2 will impact 3 and throw off your net worth.
    Q user since DOS version 5
    Now running Quicken Windows Subscription,  Home & Business
    Retired "Certified Information Systems Auditor" & Bank Audit VP

Answers

  • NotACPA
    NotACPA SuperUser, Windows Beta Beta
    Accepted Answer
    #1 is the value of all securities held in the account
    #2 is the value of any cash, not invested in securities, that the account holds
    #3 is the sum of #1 & #2
    I'd be concerned with all three.  Because any errors in 1 or 2 will impact 3 and throw off your net worth.
    Q user since DOS version 5
    Now running Quicken Windows Subscription,  Home & Business
    Retired "Certified Information Systems Auditor" & Bank Audit VP
  • mintforbarb
    mintforbarb Member ✭✭
    Thanks. So the Total Market Valule is the amount that is included in my net worth and this is the correct amount. Right?
  • NotACPA
    NotACPA SuperUser, Windows Beta Beta
    Yep, #3 is part of your net worth ... but you already stated that in your original message.
    Q user since DOS version 5
    Now running Quicken Windows Subscription,  Home & Business
    Retired "Certified Information Systems Auditor" & Bank Audit VP
Sign In or Register to comment.