Beta portfolio shows too much cash, which is not due to dividends cumulating
This is how it goes: For example, 3rd of July I added an extra fee of 156.74 EUR to one of my portfolios. The fee was not real but it got the cash value of the beta portfolio to match with the cash in the real portfolio. After that I got dividends of Coca Cola (July 4th) but nothing else.
The Coca Cola dividends were worth mere $5.06, but a week later I am in the situation where the beta portfolio shows too much cash, again. This time I should invent another fee of about 178 EUR to reduce the beta portfolio cash value to match with the real-world cash.
The same thing happens all the time. In all my beta portfolios which have dividend paying equities. So, I must be updating the cash holdings regularly to keep them somehow in sync with the real portfolios.
I just cannot understand how it goes like this. Receiving 5 dollars makes cash holdings to grow over 170 euros.
Juha Salonen
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