You are free to ignore that one little tiny inconsequential bit of an otherwise perfect tool!
I must be an experienced person because I can see an excellent use for annuallised percentage.
It would allow me to compare two trades which I had held for vastly differing time scales!
Last edited by burglar; 5th-October-2012 at 10:07 PM.
The early bird makes the early worm look pretty stupid.
He replied that it used to be 100%PA when he started, but now around 40%.
So now I need to make 41.5% twice, compounded, to get 100%.
Then I hear from Rene Rivkin:
If your shares haven't done what you want inside six weeks, you've got it wrong.
So I put the two ideas together.
I like to get 41.5% after brokerage, inside six weeks.
Then reinvest and try to get the same again.
Twice in one year, not impossible!
And if I can only manage 19% at a time,
I need four cycles per year to double.
Ahh. The power of compounding!!
Why is everyone so hung up about the annualised gain on the yahoo portfolio manger, I can't change it , it comes with the program. sheeez! You financial people are a fikle lot.
Three closed winners, three open losers.
But the year isn't over yet!
Last edited by burglar; 6th-October-2012 at 09:38 PM.