Cash in Secuity vs Cash

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jmillerc22
jmillerc22 Quicken Mac Subscription Member ✭✭
edited August 2022 in Budgeting and Planning Tools (Mac)
With the new update, when I sort investments by Asset Class, I see "Cash in Secuity" and Cash. The Cash in Security seems to total about right the amount of cash and MMFs I have, however the pulldown detail of the category lists every stock and ETF I have. Very strange. The "Cash" total at the bottom of the report shows WAY more cash than I really have. Can anyone explain what's up with this? Thx!

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  • jmillerc22
    jmillerc22 Quicken Mac Subscription Member ✭✭
    The title should say "Cash in Security". Sorry if it confused anyone.
  • jacobs
    jacobs Quicken Mac Subscription SuperUser, Mac Beta Beta
    Cash in Security represents the amount each of your investments holds in cash. For many funds, this is a small percentage of 2% or less. Even a stock fund like Vanguard Global Equity has close to 4% of its value in cash. Conversely, a money market fund may not be all cash; Vanguard's Cash Reserve Federal Money Market Fund is about 75% cash and 25% bonds.

    Because the cash held by your securities is useful in assessing your assets class distribution, it's clearly not the same as actual, liquid cash in your portfolio. The Cash number in the portfolio should represent cash in your account. In some cases, depending on how brokerages report their data to Quicken, it's possible for money market funds to be shown as securities or as cash. 
    Quicken Mac Subscription • Quicken user since 1993
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