Why does my brokerage account not reflect the true value?
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Richard10570
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For example I have $9,943.81 but Quicken shows the value of securities as $64,717.09. That's a big discrepancy.
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Answers
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Market value is calculated by multiplying the number of shares held by the price of the security. I suggest you reconcile the number of shares and cash held with a statement obtained from the financial institution. Then, reconcile the price quotes for the securities.0
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