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Understanding Investment Statements

By Lineweaver Financial Group
August 24, 2015 Category: Statements, Education Programs

The best way to track your investment account activity and performance is to carefully review your monthly/quarterly statements. Your investment account statements keep score of your investments, and track the activity in the accounts. But understanding the vast amount of detail many statements provide might require an advanced degree; many statements are difficult to understand. Once you can interpret the information your statements provide you will find it convenient and easy to track your investments to make sure you are on track to meet your financial goals. Most statements are broken down into different sections, and understanding them will better help you understand the entire statement. Account Information Here you will find basic information, such as the names of the account owners, the type of account i.e. IRA, the time period covered, and the account number. Account Summary This section summarizes the total value of your stocks, bonds, mutual funds, other investments, and any