Quicken 2009 Deluxe Portfolio
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From: James on 5 Jan 2010 11:40 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
From: Andrew on 6 Jan 2010 08:15 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. -- ------------------------------------------------------------- Regards - - Andrew
From: James on 6 Jan 2010 08:36 On Wed, 6 Jan 2010 08:15:28 -0500, "Andrew" <andrew(a)jkl.com> 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. Yes, it is mutual funds. The late, lamented Microsoft Portfolio Manager used to update mutual funds by about 6 PM ET. Kind of strange, isn't it, that today's change isn't/can't be added to yesterday's close.
From: JimH on 6 Jan 2010 10:02 James(a)nowhere.com wrote: > On Wed, 6 Jan 2010 08:15:28 -0500, "Andrew" <andrew(a)jkl.com> 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. > > > Yes, it is mutual funds. The late, lamented Microsoft Portfolio > Manager used to update mutual funds by about 6 PM ET. Kind of > strange, isn't it, that today's change isn't/can't be added to > yesterday's close. I see current stock prices any time during the day. Mutual funds all update at 4:30 PM MST. That is like clockwork. When the time changes everywhere else for DLT, it will be 3:30 PM MST. It should be 6:30 ET.
From: Oilcan on 6 Jan 2010 11:32
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. Oilcan -----Original Message----- From: JimH [mailto:JimH(a)invalid.net] Posted At: Wednesday, January 06, 2010 7:02 AM Posted To: alt.comp.software.financial.quicken Conversation: Quicken 2009 Deluxe Portfolio Subject: Re: Quicken 2009 Deluxe Portfolio James(a)nowhere.com wrote: > On Wed, 6 Jan 2010 08:15:28 -0500, "Andrew" <andrew(a)jkl.com> 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. > > > Yes, it is mutual funds. The late, lamented Microsoft Portfolio > Manager used to update mutual funds by about 6 PM ET. Kind of > strange, isn't it, that today's change isn't/can't be added to > yesterday's close. I see current stock prices any time during the day. Mutual funds all update at 4:30 PM MST. That is like clockwork. When the time changes everywhere else for DLT, it will be 3:30 PM MST. It should be 6:30 ET. |