Asset confusion

Subscribe to Asset confusion 3 post(s), 2 voice(s)

 
Avatar ednique 17 post(s)

When I look at my dashboard, I get confused…
This is probably because I’m new, but nevertheless I think the dashboard should be straightforward…

First my numbers:

total assets
investments: $-2,366.50
savings: $7,529.57
total: $5,163.07
available today: $29.57

My stocks:
Who will be the 2008 Republican candidate for President?
John McCain close position
up $3.85 SHARES: 25 TRADE PRICE: $36.28 TOTAL PAID: $907.09 CURRENT PRICE: $37.61

Will India win the India-Sri Lanka One-Day International Series for 2007?
IndiaSriLankaODI2007 purchased with credit
close position
down $167.77 SHARES: 75 TRADE PRICE: $46.02 TOTAL PAID: $3,451.27 CURRENT PRICE: $44.53

Which city will be selected to host the 2016 Olympics?
Dubai close position
down $0.41 SHARES: 5 TRADE PRICE: $6.63 TOTAL PAID: $33.14 CURRENT PRICE: $6.60

So here are my questions:
1) My investments are -2366.50, but I calculate the stocks (total paid):
907.09 – 3451.27 + 33.14 = -2511.04 which differs 144.54??
The second number is negative as I bought those shares on credit.

2) Up and down status.
What do they mean? it is not my current result… So I guess its today’s performance?
Nope its not as the John McCain is listed in the market overview as 0.00 for today.
So what does it mean?
I actually would rather like to see how I am performing with my stocks (investment vs current price)... Wouldn’t this be better?

3) total assets vs available
How can I have a total assets of 5163.07 and only have 29.57 avalailable to me?
Is this because of the savings and the shares on credit?
75 shares on credit * 100 = 7500 thus only 29.57 left?

After my questions I think the assets block could be better designed like this:

Investments: 940.14
CV: 3339.75
Savings: 7529.57
-----
Total Assets: 5129.96

  • CV = Credit Value = today’s value of the stocks you sold on credit

Savings: 7529.57
CS
: 7500
------
Available for trading: 29.57

  • CS = Credit Security = Security against bankrupcy for stocks bought on credit (100 x number of stocks on credit)

Thanx for helping me understand…

 
Avatar ednique 17 post(s)

Great! I saw some extra explanations in the dashboard…
Maybe I didn’t notice them before…

Or maybe someone added them…
In the lattercase… thanx!

 
Avatar inkling Administrator 7 post(s)

...responding a month later :( we have been trying to add some additional explanation how these numbers are calculated. If there are other things that are confusing, let us know – and thanks for the feedback!