Entering Bond Allocation into Portfolio rebalancer

"TooTall" wrote

No. The only available asset classes are those supplied by Value Line from whom those classes are downloaded.

That's too bad, you'd think will all the updates from Quicken, that would be one of them since it is an important part of asset allocation.

"TooTall" wrote

I think you miss the point. Quicken has no direct source of asset classification; Quicken must look to other companies who can provide such information. Are you ignoring the fact that asset allocation requires the ability to determine and designate the asset classes of all securities you own ... stocks, bonds, MUTUAL FUNDS, etc.. Gathering and providing such classifications is no trivial matter. If the other companies who might have that information charge Intuit too much for the

*privilege* of downloading that information, it's just not going to be available to Quicken users.

Apparently you don't understand asset allocation. There is more to asset allocation than choosing an asset class for bonds. Mutual funds and stocks are also part of asset allocation, and I think it's not likely that Quicken users know the asset allocation of their mutual funds. Asset classes of mutual funds and stocks can change and a user might not even be aware that it had happened.

Asset allocation in Quicken presumes that your "actual" (owned) asset classes are known at any moment and that those holdings can be compared to a desired breakdown of asset classes, your "target" asset allocation. This facilitates rebalancing. If users had to manually enter the asset classes of all their securities, they would have a real job on their hands. Quicken is setup to maintain data on only the asset classes it knows it can download.

If you want to track a breakdown of bonds, you could use Security Type - because there is no external source for Security Type, so you can add your own security types.

But this is not without possible cost as certain security types have special meaning to Quicken ... Bond being one of those types. If you create a new security type for "long term bond" for example, and assign that type to one of your securities that now has a type of Bond, you will not be able to enter a "Bond Type", "Maturity Date", or "Call Date" for that security. I don't recall all the special meanings nor all the security types that have them ("Mutual Fund" definitely does have special meaning).