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Old 01-25-2006, 03:32 AM
Cal Learner-- MVP
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Default Re: What's Money's definition of Gain? Also, reinvest dividend vs. interest?

In microsoft.public.money, Edrick Goldfarberger wrote:

- quote -

> Hello folks:
> I JUST noticed that if I go to my investment accounts, the GAIN column is
> something other than "MARKET VALUE" - "COST BASIS" for a particular
> security.
> I never paid attention to this before. I noticed it because I exported one
> of my investment accounts to Quicken and saw that gain was different from
> Money. In Quicken, the gain seems to be exactly equal to the difference
> between market value and cost basis.


Gain includes dividends. Hover your pointer over the column header
for a brief description. Dividends are real money. Perhaps you
should consider
ChangePortfolioView-> CustomizeCurrentView-> PortfolioColumns and add
the PriceAppreciation column.
- quote -

> In MS Money, there's something else going on. Does this have to do with
> reinvested dividents? Does Money consider them as gains for that security,
> while in Quicken only capital gains are reported in that column?
> Curious also, if I reinvest divident, does that affect my cost basis or
> not?
> Finally, I always wondered, what is the difference between 'Reinvest
> Interest' and 'Reinvest Dividend?' I always pick the latter just because I
> assume that money I get from my mutual funds is "Dividends"... When would
> you use the Reinvest Interest option?
> For the record, I am using MS Money 2006 Deluxe, and the version of
> Quicken is 2006, Australian edition (which is the only edition which is a
> free download for trial)
> Thanks!

  #-1  
Old 01-25-2006, 01:23 AM
Edrick Goldfarberger
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Posts: n/a
Default What's Money's definition of Gain? Also, reinvest dividend vs. interest?

Hello folks:

I JUST noticed that if I go to my investment accounts, the GAIN column is
something other than "MARKET VALUE" - "COST BASIS" for a particular
security.

I never paid attention to this before. I noticed it because I exported one
of my investment accounts to Quicken and saw that gain was different from
Money. In Quicken, the gain seems to be exactly equal to the difference
between market value and cost basis.

In MS Money, there's something else going on. Does this have to do with
reinvested dividents? Does Money consider them as gains for that security,
while in Quicken only capital gains are reported in that column?

Curious also, if I reinvest divident, does that affect my cost basis or
not?

Finally, I always wondered, what is the difference between 'Reinvest
Interest' and 'Reinvest Dividend?' I always pick the latter just because I
assume that money I get from my mutual funds is "Dividends"... When would
you use the Reinvest Interest option?

For the record, I am using MS Money 2006 Deluxe, and the version of
Quicken is 2006, Australian edition (which is the only edition which is a
free download for trial)

Thanks!
 

Tags
definition, dividend, gain, interest, money, reinvest
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