Cost Basis in Quicken Graphs

I use quicken to track my retirement account. Recent I sold a mutual fund for $63000. The overall cost for the fund was $55000. The entire $63000 was put into a money market fund. The overall value of the account is $130,000 which now includes the $63000. When I request a "Performance & Analysis" to assess the graphical trajectory of my portfolio value and cost basis, I notice that after the sale of the fund, my cost basis dotted curve jumps up literally the day after the sale of the fund by $8000. I have had no new transfers into the account.

Why does the cost basis increase by the value of my net gain? Should the cost basis not just reflect what I invested? Can someone explain this?

My guess is that now that the $8000 been realized gains, then it is now part of my cash holdings and going forward it does represent my total cost if I were to reinvest the entire $63000 into something else.

Is there any way to graphically show just what my overall cash input has been into the account? Thanks.

Reply to
JazzPlayer
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I don't have an answer, but I have a similar problem:

I'll do my best to avoid nasty political commentary, and just say that for 'economic reasons' I'm moving away from the stock market and bank accounts that store (at very low interest rates) money. I've moved into an attempt to preserve wealth by purchasing precious metals, i.e., gold and silver bullion.

Lilke the question JazzPlayer is asking, how do I show the cost of the purchased inventory vs. the market value as unrealized gains and losses. The stock value shows in my investment account as what I paid vs. the days quotes. It must be a fairly simple process to set up the precious metals inventory in like manner.

Reply to
Harley

I hear ya, Stubby. I agree with your assessment of commodities, and AM speculating - on a couple of things: I believe our government has made some foolish decisions (or perhaps self-serving decisions) with our money supply. During periods of hyper-inflation precious metals can retain wealth value while greenbacks and shares of stock work their way toward the value of the paper they're printed on. And based on my understanding of macro economics I'm also speculating (that's another word for 'betting') that we face about

4 years of financial turmoil following next summer's residential and commercial real estate bubble exploding (again).

Also - I never put all my eggs in one basket, and I never tell the government where I keep the basket.

Happy New Year!

[dele]
[dele]

I've been tempted by commodities, also. But understand: Commodities are NOT investments because they do not promise any return. They are SPECULATIONS and you can lose much of your purchase in a wink.

Reply to
Harley

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