01-01-2006, 10:08 PM
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 Re: Buying in margin -- Money is overstating the assets in my account In microsoft.public.money, Mike wrote: - quote - > When I buy stocks in margin, Money mistates the amount I have in my account
The cash transactions account associated with that investment> as a total of my assets. > For example, let's say I have $50,000 cash, and then buy $70,000 worth of > stocks. > After the transaction, Money says that I have $70,000 worth of stocks. > However, this by itself overstates my value. It should be: > $70,000 stocks > -$20,000 margin account > Does anyone know how to correct this? Thanks much! account should have a -$20,000 value. |
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#-1
01-01-2006, 09:09 PM
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| Buying in margin -- Money is overstating the assets in my account When I buy stocks in margin, Money mistates the amount I have in my account as a total of my assets. For example, let's say I have $50,000 cash, and then buy $70,000 worth of stocks. After the transaction, Money says that I have $70,000 worth of stocks. However, this by itself overstates my value. It should be: $70,000 stocks -$20,000 margin account Does anyone know how to correct this? Thanks much! |
| Tags |
| account, assets, buying, margin, money, overstating |
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