Quicken Deluxe vs Premier

[15202guy]

I currently use Quicken Premier and need to upgrade so I don't lose transaction downloading in April. I do NOT use Quicken to track tax lots, compute capital gains, etc. so I was thinking that I might not need the considerably more expensive Premier version. But I noted that a feature of Premier is "Continuously updates quotes to keep your portfolio value current". What happens if I have Deluxe? Do I need to manually enter prices for my securities if I want to see their proper value? Are there any good reasons to continue with Premier?

[Rob5TCP]

I recently switched to Quicken Premier from MS Money (a much better product for investment tracking).
When I compared the two, deluxe does not do investment tracking.

http://quicken.intuit.com/compare-quick ... oducts.jsp

[plats]

I currently use Quicken Premier and need to upgrade so I don't lose transaction downloading in April. I do NOT use Quicken to track tax lots, compute capital gains, etc. so I was thinking that I might not need the considerably more expensive Premier version. But I noted that a feature of Premier is "Continuously updates quotes to keep your portfolio value current". What happens if I have Deluxe? Do I need to manually enter prices for my securities if I want to see their proper value? Are there any good reasons to continue with Premier?

No, you don't need Premium. Deluxe works just fine for investment tracking. By "Continuously..." I think they mean real-time quotes updating your portfolio automatically without having to click "Update." Deluxe will also track tax lots, compute capital gains, etc.

[Toons]

I currently use Quicken Premier and need to upgrade so I don't lose transaction downloading in April. I do NOT use Quicken to track tax lots, compute capital gains, etc. so I was thinking that I might not need the considerably more expensive Premier version. But I noted that a feature of Premier is "Continuously updates quotes to keep your portfolio value current". What happens if I have Deluxe? Do I need to manually enter prices for my securities if I want to see their proper value? Are there any good reasons to continue with Premier?

No, you don't need Premium. Deluxe works just fine for investment tracking. By "Continuously..." I think they mean real-time quotes updating your portfolio automatically without having to click "Update." Deluxe will also track tax lots, compute capital gains, etc.

+1 Exactly, Using deluxe for many years and does an excellent job of investment tracking and prices with
One Step Update. I guess if you are trading real-time would be important

[15202guy]

Thanks for the input. My decision just became a little harder b/c now the price difference between the 2 versions is only $20 vs $40, so it is a smaller price to pay for the assurance I won't miss any features that aren't included in Deluxe.

[CJOttawa]

I recently switched to Quicken Premier from MS Money (a much better product for investment tracking).
When I compared the two, deluxe does not do investment tracking.

http://quicken.intuit.com/compare-quick ... oducts.jsp

On the MS Money note, it's available as a free download from Microsoft, here: https://www.microsoft.com/en-ca/downloa ... x?id=20738

I've been an MS Money user since version 2004 and I bought Quicken 2012 last year to see if I could make the jump. (there are iOS apps and so forth). I returned Quicken for a refund. The cash flow projections were fundamentally broken in Quicken 2012, which made it useless to me. Have they fixed that? (cash flow wasn't taking into account budget items, only scheduled bills)

[Easy Rhino]

huh, I've got Quicken Premier, and also wonder if I overpaid.

So, Quicken Deluxe doesn't track cost basis?

[Toons]

huh, I've got Quicken Premier, and also wonder if I overpaid.

So, Quicken Deluxe doesn't track cost basis?

Quicken Deluxe DOES track cost basis

http://quicken.intuit.com/support/help/ ... 83200.html

[Easy Rhino]

ah thanks, from that page:

Differences
Both Deluxe and Premier have the same account types, reports, and features to choose from, although the following are only available in the Premier Edition of Quicken.

Reports

Investing: Investing Activity
Tax: Schedule A-Itemized Deductions
Tax: Schedule B-Interest and Dividends
Tax: Schedule D-Capital Gains and Losses

Other Features

Investing: Performance view (Portfolio Value vs Cost Basis snapshot, Growth of 10K snapshot, Average Annual Return snapshot). Buy/Sell Preview. Automatically update quotes every 15 minutes. Mutual Fund Ratings from Morningstar snapshot on Allocation view.


... so i guess I overpaid, a little.