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| In microsoft.public.money, *******noone********** wrote: - quote - > OK, I don't make a ton of money. At this point I can barely afford to
First, take a look at> contribute anything to my 401k. But I have a problem that I can't > seem to figure out. I figure it is my inexperience with looking at > portfolio information. > When I log into the company website for my 401k it shows my account > balance as total market value. Yet money shows a total market value > less than my bank does. It also shows negative contributions. If you > add those 2 together then you get the total balance and that matches > the total market value that my bank gives me. So since in the account > list money is showing the market value it is calculating instead of > what my bank says, I don't get a true picture of what is happening > with that. > The money help file is of no use for this so I am posting here. Am I > doing something wrong? If anyone can help me understand this basic > investing it would greatly be appreciated. http://umpmfaq.info/faq.html#Q14 That is not quite what you are looking for, but it is worth a look. There is more than one way to handle a 401K. The negative contributions are probably due to a Money "wizard" that takes a simplified approach of adjusting the value of the 401K to account for the current value. That is may be OK for simplicity. If you have more information, there can be better ways. What information do you have other than current value? Are you looking for a way that documents things better, or are you looking for something more simple? I hesitate to suggest you look thru these old postings, but I will do so anyway: http://groups.google.com/groups?as_q...04&safe=images There may be something there that strikes your eye. There are those with some good ideas on how to handle a 401K. There is more than one good way. Various threads may give you some insight. Then post what information you have available, and how detailed you want to get. |
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| OK, I don't make a ton of money. At this point I can barely afford to contribute anything to my 401k. But I have a problem that I can't seem to figure out. I figure it is my inexperience with looking at portfolio information. When I log into the company website for my 401k it shows my account balance as total market value. Yet money shows a total market value less than my bank does. It also shows negative contributions. If you add those 2 together then you get the total balance and that matches the total market value that my bank gives me. So since in the account list money is showing the market value it is calculating instead of what my bank says, I don't get a true picture of what is happening with that. The money help file is of no use for this so I am posting here. Am I doing something wrong? If anyone can help me understand this basic investing it would greatly be appreciated. Thanks jeffpo |
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| m05, portfolio, question |
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