Income

I think I have it all figured out, and it's very discouraging.

Prelude: all my investment income is recorded as downloaded from Figelity, Schwab, Vanguard, and Franklin Templeton. That was what I meant when I said they were mostly DivX transactions (dividend paid to a brokerage account, transferred to an account holding a money market fund.

The Estimated Income column in the portfolio screen comes from only one place: the estimated income parameter in the security edit screen (second page or more advanced options). This is (I tried it) the expected annual income per share. That means that Quicken is merely spitting the information back to you, and when the dividend rate changes you need to edit the security definition sheet if you want anything meaningful to appear in the Portfolio screen.

So Quicken is not calculating dividends received and extrapolating them to a full year, it is simply multiplying two numbers together. Not particularly helpful, is it? I do better than that with my Excel dividends spreadsheet, where I extrapolate projected annual dividends by taking the sum of the dividends-to-date and adding to it the maximum dividends-to-date multiplied by the nmber of remaining dividends to be paid. Since it is December I have added an earnings-per-share column to my spreadsheet (projected annual dividends divided by number of shares). I fortunately can avoid the complications of reinvesting dividends because I take all my dividends as cash income.

Just a footnote: it is necessary to know for each security the total number of dividends per year, because I own two mutual finds for which the number is not 12, not 4.

Reply to
Gary
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hi, Jo.

Thanks for that "Options" tip! Yes, I can click Portfolio Preferences there and then set Portfolio View Options to a date - 1/1/11, for example - to see this year's Income. I didn't know about that setting before. (The quick way to select the current year beginning is to use +Y in that box, as you probably know.)

Intuit DOES have a lot of Easter Eggs hidden in Quicken! I'm still finding them, after 20 years.

RC

-- R. C. White, CPA San Marcos, TX (Retired. No longer licensed to practice public accounting.) snipped-for-privacy@grandecom.net Microsoft Windows MVP (2002-2010) (Using Quicken 2012 Deluxe R 3 and Windows Live Mail in Win7 x64)

RC,

What you see in the Income column depends heavily on the date in the upper right of the Portfolio view. It definitely can be configured to show the total since the security was purchased, but it's not immediately obvious. If you go Options at the top of the view, there is a setting for entire history, or a specific date. I change the date to be the first of each year in order to get year to date income. There isn't a separate column for Dividends and Interest. You get all the income combined. I wonder if Gary has checked what date he has set there because I don't know the default.

jo

Reply to
R. C. White

Hi, Jo.

First, mea culpa about the +Y. All it takes is "y" - just like in other such Date fields in Quicken. "T" for Today, "-" to go back one day, etc. "Y" gets the start of the current year; repeated "y" presses go back a year at a time. "R" for the last day of the year, "M" and "H" for the first and last days of the current MontH. Etc.

Top or bottom posting? In my experience, either way will get me yelled at by one side or the other. So I use what makes ME comfy; I'm the one making the effort to add to the conversation. When I read other posts, I make the effort to adapt, since I am - I hope - the one getting the benefit.

Maybe it's all those years as an auditor that makes me focus on the CONTENT, not the STYLE of the message. If the meaning is there, I can drill down through all the fluff and find it.

When I join a new newsgroup and start reading in the middle of an ongoing thread, I like to have all the messages bottom-posted so that I can read oldest to latest, from top to bottom. But when it's one of my regular NGs and I'm reading a continuing conversation, I want the newest post at the top so that I can quickly read it and go to the next post (with a button on my mouse coded +U), without having to scroll down a hundred lines to read "OK" or "lol" at the end. :>( So the answer is that whether top or bottom posting is best for me depends on MY mood when I'm reading the NG, which I don't expect the poster to be able to predict. I'll read 'em all and make the effort to get the meaning, no matter the posting style.

By the way, this is an oft-discussed question which I usually stay out of, since there is NO right answer - just like questions of religion and politics. :^{

RC

-- R. C. White, CPA San Marcos, TX (Retired. No longer licensed to practice public accounting.) snipped-for-privacy@grandecom.net Microsoft Windows MVP (2002-2010) (Using Quicken 2012 Deluxe R 3 and Windows Live Mail in Win7 x64)

*I* didn't know about that option, or rather I didn't remember where it wa!. I knew it existed somewhere but it took quite a while to find it. I didn't know about Ctrl-Y. I tend not to use hot keys, but maybe I could save myself some mouse clicks if I learned them. My hands are a wreck from years of keyboarding and mousing.

OT: Are we supposed to top or bottom post here? When I reply, the cursor is positioned at the bottom of the text, but it looks like you are top posting.

jo

Reply to
R. C. White

I zero post :-)

Reply to
Bob Wang

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