Quicken Is Looking Good September 16
I got the balance transfer checks deposited yesterday. I will transfer the funds to Fidelity on Tuesday after Bank of America releases the hold on the funds. I have spent a lot of time working on Quicken the past few months. I can say that my Quicken data has never looked this good. All of my accounts are now accurately presented in Quicken. In the past, Fidelity always gave me issues. I finally figured out why Quicken was getting out of synch with Fidelity. There were two places that Quicken and Fidelity were not jiving. First, Fidelity was sending reinvestment dividends different than what Quicken was expecting. The second one was, the cash account is treated differently too. Basically Fidelity calls the cash balance in their retirement accounts a money market fund, but in reality it is just a cash balance. I am glad that I finally recognized these problems and got everything corrected. Quicken is now giving me an accurate current and historical financial picture. This is a great thing except I should have sit down and figured it out sooner. Now if I could figure out how a better way to report spending vs. income in Quicken. It counts transfers between accounts as an expense even though that is just paying a credit card even though you have already counted the expense. I need to do some more research on the reports.
Anyway here are the changes to my financial picture since from one year ago:
Assets +41,224.44
Liabilities -9,587.12
Net worth +50,811.56
I am excited that the total net worth is up fifty thousand since last September. The even cooler thing is that even after borrowing for the zero percent interest offers, my liabilities are down almost ten thousand. I hope I can keep this trend up. It would be great to have my net worth go up by fifty thousand each year. Actually it should be easier since the base is larger so I have more assets working for me.
I have been changing my asset allocation the past few days. I am on the fence whether to sale my Oracle (orcl) stock. This stock made me quite a bit of money back in the good old days (late 1990’s). 
A good portion of the down payment on my house came from Oracle. It’s down 60% since I bought it back in 2000. It’s been trending upwards so I am not sure if I keep it for a little while longer or dump it. I need to decide in the next day or two so I save a buy commission since I am stilling buying for my changing asset allocation. I am going for a Coffeehouse portfolio, but I am going to tweak it some since it puts you into 40% fixed income which I personally think is too high for a 30 year timeframe that I am looking at. I am going to bring it down to 10% and then mix with more international and the NASDAQ 100 index. I hope this asset mix does well for me. I highly recommend this site to use predefined portfolio mixes.