Stock quote problem for money market fund

Barry - same thing happened a few times recently for the Charles Schwab MM fund SWVXX Schwab Value Advantage Money Fund. Not sure who you sent the email to, but it might not be Vanguard's fault if more than one FI had the same problem.

I only found this by noticing I had a net decrease in worth yesterday on a day that the DJIA rose over 200 points (not that that isn't impossible, just highly unlikely in my case given my propensity to large cap stock holdings in general.)

The email I sent was to quicken through their web page - they may ignore it like some of my past questions. The data at Vanguard, Yahoo, etc. were all correct.

I did a little more investigation and tried to edit the price data that Quicken stores. It let me edit it, but when I asked for quotes again, it replaced it with the bad data. I looked at the price history of VMMXX in QUicken and there are many dates over the last few months where the price is wrong. This screws up the program calculations. I hope they fix it.

I suspect they will ... eventually.

In the meantime, just remove the MM funds from the quotes download process. You don't need a price for them every day ... it's always $1 ... for now.

"John Pollard" wrote in news:x6AXk.399118 $TT4.367065@attbi_s22:

Just stay away from those MM that don't remain stable ... (which is easier after the fact).

Remember, if it sounds too good to be true, then it probably is a scam.

Just to confirm, ditto the issue here (Q2008P) for a Fidelity NJ MM fund. The bad readings are only over the past week or so, and not every day. But when they occur, "price" does seem to be the 7-day yield figure (which I see on the website). And if I fix them, they reinstate on the next download. Will follow John's advice, or at least check the history before doing a report.

What irony. The Q quotes server has caught break-the-buck fever. (Yeah,

7-day yield is below 1% on this fund just now.) Let's hope that's as close as we get to the real thing.

-Ron

And don't initiate a "Download Historical Prices" or a "Download Quotes" (which downloads historical prices) from the Security Detail View ... unless you carefully exclude mm funds before you start the download (this selection for Historical Prices doesn't stick).

Had the same problem twice this week and gets corrected either the next day or later the same day. The other day I asked for quotes over and over (about 10 times) and the error was corrected. BTW, Vanguard Prime MM fund. This has happened a few times in the past and I know it is in error so just ignore it until it get corrected.

Marty

** Posted from **

For VMMXX, the price errors show up in the price history. They start

12/7/2007 and the data is wrong many times. Quicken did respond to my report and has said that they are aware of the problem and will fix it by 12/15/2008.

I download prices each night and have to manually edit VMMXX so that my portfolio change information is correct.

Barry

As has been suggested before:uncheck your money market funds from every download list.

And do not use the "Download Quotes" choice on the Portfolio tab.