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  • Buying in margin -- Money is overstating the assets in my account

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    When I buy stocks in margin, Money mistates the amount I have in my account
    as a total of my assets.
    For example, let's say I have $50,000 cash, and then buy $70,000 worth of
    stocks.
    After the transaction, Money says that I have $70,000 worth of stocks.
    However, this by itself overstates my value. It should be:
    $70,000 stocks
    -$20,000 margin account
    Does anyone know how to correct this? Thanks much!
  • No.1 | | 625 bytes | |

    In microsoft.public.money, Mike wrote:

    >When I buy stocks in margin, Money mistates the amount I have in my account
    >as a total of my assets.
    >For example, let's say I have $50,000 cash, and then buy $70,000 worth of
    >stocks.
    >After the transaction, Money says that I have $70,000 worth of stocks.
    >However, this by itself overstates my value. It should be:
    > $70,000 stocks
    > -$20,000 margin account
    >Does anyone know how to correct this? Thanks much!

    The cash transactions account associated with that investment
    account should have a -$20,000 value.

Re: Buying in margin -- Money is overstating the assets in my account


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