Quicken 2009 Deluxe Portfolio
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From: John Pollard on 6 Jan 2010 13:53 Oilcan wrote: > My mutual funds (all Vanguard Funds) are available about 4:30 PM > Pacific. I see the prices in Quicken before they are reflected on the > web. Those prices might be supplied by Vanguard (rather than Intuit's price source). -- John Pollard news://<YOUR-NNTP-NEWSERVER-HERE>/alt.comp.software.financial.quicken Your source of user-to-user Quicken help
From: Andrew on 6 Jan 2010 18:43 Andrew wrote: > James(a)nowhere.com wrote: >> I'm using Quicken 2009 Deluxe Release 7 for tracking my investments. >> I noticed that at the end of the day, the "Day Close" price is from >> the previous day and does not include the "Day Gain/Loss" amount. I >> typically check the Portfolio file around 6-7 PM Eastern time. >> However, the next morning's "Day Close" price does include the >> gain/loss figures, so in the morning it is more like a previous day's >> closing price. >> >> Is this behavior normal for Quicken? Does anyone know when the Day >> close price actually updates? >> >> Thanks. >> >> James > > What type of investments are you talking about? For individual stocks > that are owned in my brokerage account, the price and gain are > usually available later that same trading day (indeed, 6-7 PM Eastern > time-ish), but for MUTUAL FUNDS, I don't see accuracy until (As you > note) the next day. I am presuming that is because of the backend > processing that the fund companies must go through after the market > closes to determine their fund prices that must take several hours. > > So without knowing exactly what you're referring to, yes, this is > consistent to what I've seen for years. I did run a test today at 630 PM ET. Indeed, both stocks and non-Fidelity 401K mutual funds are indeed updated at this time, with correct day/gain loss columns reflected accurately. I amend (is that allowable?!) my previous post to only point out this one FI's doesn't get updated until over night. Maybe because it's a 401K? A variety of Fidelity funds are in this basket in my case (indeed, they don't have symbols; they're mutual fund within the Fidelity 401K program). -- ------------------------------------------------------------- Regards - - Andrew
From: John Pollard on 6 Jan 2010 21:01 Andrew wrote: > I did run a test today at 630 PM ET. Indeed, both stocks and > non-Fidelity 401K mutual funds are indeed updated at this time, with > correct day/gain loss columns reflected accurately. I amend (is that > allowable?!) my previous post to only point out this one FI's doesn't > get updated until over night. > Maybe because it's a 401K? That would be my guess. > A variety > of Fidelity funds are in this basket in my case (indeed, they don't > have symbols; they're mutual fund within the Fidelity 401K program). Many (most?) of the "funds" held in 401k accounts are not priced the same as their publicly traded counterparts (that have the exact same name). The correct prices for those funds can only come from the 401k administrator (who, I believe, has a special pricing arrangement with the mutual fund company) ... and - I believe - that pricing could easily, only, be available later than the prices available for the non-401k fund. I think that if your 401k administrator shows your fund holdings in "units" (rather than "shares"), you are in the above boat. -- John Pollard news://<YOUR-NNTP-NEWSERVER-HERE>/alt.comp.software.financial.quicken Your source of user-to-user Quicken help
From: Andrew on 7 Jan 2010 07:47
John Pollard wrote: > Andrew wrote: >> I did run a test today at 630 PM ET. Indeed, both stocks and >> non-Fidelity 401K mutual funds are indeed updated at this time, with >> correct day/gain loss columns reflected accurately. I amend (is that >> allowable?!) my previous post to only point out this one FI's doesn't >> get updated until over night. > >> Maybe because it's a 401K? > > That would be my guess. > >> A variety >> of Fidelity funds are in this basket in my case (indeed, they don't >> have symbols; they're mutual fund within the Fidelity 401K program). > > Many (most?) of the "funds" held in 401k accounts are not priced the > same as their publicly traded counterparts (that have the exact same > name). The correct prices for those funds can only come from the 401k > administrator (who, I believe, has a special pricing arrangement with > the mutual fund company) ... and - I believe - that pricing could > easily, only, be available later than the prices available for the > non-401k fund. > I think that if your 401k administrator shows your fund holdings in > "units" (rather than "shares"), you are in the above boat. Totally agree to all. -- ------------------------------------------------------------- Regards - - Andrew |