tag:infinitekind.tenderapp.com,2009-01-14:/discussions/problems/58680-net-worth-report-uses-cost-basis-of-investment-security-instead-of-current-value-of-securityInfinite Kind: Discussion 2020-04-21T18:40:23Ztag:infinitekind.tenderapp.com,2009-01-14:Comment/480151282020-01-19T01:10:34Z2020-01-19T01:10:34ZNet worth report uses cost-basis of investment security instead of current value of security<div><p>This is a "quirk" of the distinction between "Current price" and the as of price for reports. The Summary page uses the "current price" to calculate networth and then shows what you think is the correct value.</p>
<p>The Networth report is as of 1/18/2020 for example. This has a specific date and thus uses the security price history that is on or before that date. The Networth report is as of a date and thus needs to always use the same data and not the transitory "current price".</p>
<p>Any update to the current price for a security should also have a dated history entry. That will resolve your issue. It is not the basis price but the most current price in the the history.</p>
<p>So for example if your stock was $2 on 1/17 when you bought it and has a hisorty entry of $3 on 1/18 and then went to $4 as the current price sometime later, the summary page would show $400, the networth report for 1/18 and later would show $300, and the summary page would show $400.</p></div>sthtag:infinitekind.tenderapp.com,2009-01-14:Comment/480151282020-01-21T18:33:53Z2020-01-21T18:33:53ZNet worth report uses cost-basis of investment security instead of current value of security<div><p>Thank you very much for your detailed reply. I understand the distinction.</p>
<p>-joshua</p></div>joshua sweetkind-singer