Does Brokerage Adjust Cost of Your Notes?
Posted: Thu Sep 01, 2016 10:54 am
First of all, sorry for the on-topic post. I'll try to get back to preppers, religion, cops, immigrants and vitamins as soon as is humanly possible.
I hold a lot of 3-year notes and other short-term treasury notes for much of my cash portion.
I keep a spreadsheet in google drive, and I pull cost data from the WSJ datasheet which is mentioned in this forum.
What I didn't notice until recently is that the cost of my notes keeps changing.
I am used to Vanguard updating cost basis on individual stock shares, because sometimes the company has some corp action like "return of capital" or something. It's usually not a major change. So cost basis often does not exactly match transaction history, even though they're both coming from Vanguard.
Soon after I buy treasury notes, there may be some change due to accrued interest or something. I don't know. I usually buy notes at auction, by the way, and not on the secondary market.
Only recently did I notice that notes I've held for a long time are still showing different costs from one month to another. Is anyone else experiencing this? I never bothered to look before. I guess it's not a big deal as I tend to hold these instruments to maturity unless I really need the money.
I hold a lot of 3-year notes and other short-term treasury notes for much of my cash portion.
I keep a spreadsheet in google drive, and I pull cost data from the WSJ datasheet which is mentioned in this forum.
What I didn't notice until recently is that the cost of my notes keeps changing.
I am used to Vanguard updating cost basis on individual stock shares, because sometimes the company has some corp action like "return of capital" or something. It's usually not a major change. So cost basis often does not exactly match transaction history, even though they're both coming from Vanguard.
Soon after I buy treasury notes, there may be some change due to accrued interest or something. I don't know. I usually buy notes at auction, by the way, and not on the secondary market.
Only recently did I notice that notes I've held for a long time are still showing different costs from one month to another. Is anyone else experiencing this? I never bothered to look before. I guess it's not a big deal as I tend to hold these instruments to maturity unless I really need the money.