The Motley Fool Discussion Boards

Previous Page

Financial Products & Services / Investing Software

URL:  http://boards.fool.com/i-am-not-too-familiar-with-quicken-but-would-29769827.aspx

Subject:  Re: Quicken Investment Performance Reports Date:  1/9/2012  2:18 PM
Author:  CABob Number:  3642 of 3687

I am not too familiar with Quicken, but would point out that there is a Quicken message board at http://boards.fool.com/mastering-quicken-113641.aspx that may help.
OTOH perhaps you should look it your situation a bit differently. Each reinvestment of dividends is a new purchase of the investment so I think that Quicken may be reporting what is appropriate.
Suppose you were instead depositing the dividends into a money market account rather than reinvested? Then you could look at the value of the investment and MM account and get the information you wanted. Now suppose you periodically took money from the MM account and bought more of the investment. In this case Quicken would be tracking the new purchase just as it should. You have just taken a shortcut by reinvesting the dividend. Once the purchase has been made it is not too significant whether the purchase was made from money received from dividends or from money taken from under your mattress.
After all, it is the total return that is of interest not specifically whether the gain is from the initial purchase or from subsequent purchases or from dividends.

Just some thoughts,
Bob
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us