I have a question about downloads to my 401K.
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mintforbarb
Member ✭✭
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?
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?
0
Best Answer
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#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 & #2I'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 February, 1990. DOS Version 4
Now running Quicken Windows Subscription, Business & Personal
Retired "Certified Information Systems Auditor" & Bank Audit VP0
Answers
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#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 & #2I'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 February, 1990. DOS Version 4
Now running Quicken Windows Subscription, Business & Personal
Retired "Certified Information Systems Auditor" & Bank Audit VP0 -
Thanks. So the Total Market Valule is the amount that is included in my net worth and this is the correct amount. Right?0
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Yep, #3 is part of your net worth ... but you already stated that in your original message.
Q user since February, 1990. DOS Version 4
Now running Quicken Windows Subscription, Business & Personal
Retired "Certified Information Systems Auditor" & Bank Audit VP0
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