cash: asset alloc vs checking/savings accounts

Running Quicken 2006 - Ran a Asset Allocation report to see how things look as I'm shuffling things from some fund categories.

I noticed that some of my cash holdings do not appear on the report.

On the left side of the main Quicken screen, there is a top area for Cash listings. In that area I have things listed such as : checking accounts savings accounts linked accounts to brokerage accounts

It appears that the linked accounts show up on the Asset allocation as they also appear "below the line" within the actual brokerage account listing.

However - the standalone checking and savings accounts are not listed on the Asset report.

Any ideas on how to addres this, as I'd like to see them as "cash" somewhere...

Reply to
P.Schuman
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I think not including Quicken "Cash Flow" accounts in asset allocation makes sense: if your asset allocation strategy called for increasing your Large Cap Stock holdings and decreasing your Cash holdings, would you even consider taking the cash from your Christmas savings account to buy shares of "Large Corporation"? Put another way, I think that funds that you would never use to meet asset allocation targets should not be part of your asset allocation reporting.

[It might be worth having an "asset" pie chart available in Quicken, one that had nothing to do with asset allocation, and which could report on all assets, regardless of account group.]

But Quicken is versatile enough to allow you to include that Christmas savings account in your asset allocation ... if you tell Quicken that the account is an "investment" account, instead of a "cash flow" account. In the Account List, on the Manage Accounts tab, select the account, then click the "Change Group" button.

Reply to
John Pollard

hi - tnx for the tip - yeah... sometimes you want things treated the same, and sometimes not :) Like I don't even include our 529 accounts as part of the portfolio. I guess it's more like liquid assets vs long term hold.

Reply to
P.Schuman

from a Quicken point of view - it seems like I need some "mods".

for "cash" - it can handled and accounted in a couple of different ways.

1 - checking account 2 - savings account 3 - CD's etc 4 - mutual fund MM account 5 - brokerage account with transient cash/mm 6 - mutual fund, with partial holdings in cash

SO - If we strictly go with the asset category of "cash", to determine how much cash we have on hand for investing, or other immediate needs, then it becomes misleading with respect to the "partial holdings" of some mutual funds...

If we moive the checking/savings accts into the Quicken group for cashflow management, then we loose the "asset report", plus there is no way to move a specific MM mutual fund up to that area.

Therefore - we are stuck with having the checking/savings "above the line" and the MM mutual funds "below the line" and hidden from the cash view. As far as the partial holdings... since we can't get to that cash anyway, it only means something with respect to risk management vs liquid assets.

Reply to
P.Schuman

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