Pitfalls, if any, of updating investments yearly and manually
So, I'm having a little trouble learning how Quicken "thinks". I have several brokerage accounts with the major firms, but do not use auto online transaction updates inside quicken because of security concerns. I only care about year end to year end performance / expenses / income, so at the end of each year I need to manually update each stock / mutual fund / bond with lump sum (summary) entries. For example, one summary entry for dividends per stock per year. I assume I need to enter dividends / interest / etc, but what else and where ?? I personally think of all market gain, realized or not, as income, so will these entries show me the report I want every year showing me all income by category? Thanks for any help !!
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