I have such a great respect for this and the NPI board and so many members. Cannot believe how much you have helped as does being a SA, RB and MP subscriber…
I also learned a good deal about options from MFO many years ago and no longer subscribe (to anything but the 3 above).
I confess to using plenty of LEAPs and covers and will soon give my portfolio holdings to you guys…but to brief this up:
Quicken says I average about 11.7% annual return from my stock picking start date 3/5/2004 till today…so I been around going on 15 years here. I stalk this board and admit to being a month behind due to some family member health issues and a crazy holiday season.
Anyway…I read how Saul and so many post there performance and was wondering how I figure out my overall performance when I have none of my money in my portfolio. I have actually have a net withdrawal of 11k as of today and still run my portfolio with $250k to 350K of pure profit over these years now.
Not to be a braggert in any way, and I have been googling to find answer but is there a way to do this??? I am drawing a blank.
was wondering how I figure out my overall performance when I have none of my money in my portfolio. I have actually have a net withdrawal of 11k as of today and still run my portfolio with $250k to 350K of pure profit over these years now.
I’m somewhat confused by your question - i.e., “I have none of my money in my portfolio”.
Have you read all 3 Knowledge Base posts to the right of this message? --------->
You should read them many times over as well as all the additional info links.
Saul addresses how to calculate portfolio returns when you add or remove money in Part 3.
Hope this helps,
If you add or remove cash from the portfolio the only way I know of calculating the yield is to calculate the cash flow using the Excel function XIRR.
Returns the internal rate of return for a schedule of cash flows that is not necessarily periodic.
Hi my friend,
What I meant is over the almost 15 years I have withdrew all my investment money and 11 k of the profit made from myninvested money and my whole portfolio is now “house money” though I hate that term.
In other words…if my portfolio went to zero I would have still made 11k (not to good) over almost 15 years…
Sorry…I will read the knowledge base,thanks!
It’s right at the beginning of part 3 of the Knowledgebase, and easy to follow… And seriously, mpfd, you are wasting your time on the board if you don’t even bother to read the Knowledgebase (as someone just wrote, even two or three times).
Thanks a bunch Saul,
I’ll try to work that math and see how I do…
Thanks for all the help board!
just wondering as I haven’t even started to go through the formulas yet…
Would I have to start at year 1 and do every year up to almost 15 or will this work as of what my total portfolio value (and 11k total outflows) is today?
Thanks and sorry for the pain in arse question,
Im sorry my friend,
but there is no way to start today with minus $11,000 start cash TODAY and show my current portfolio value of say positive $290,ooo value TODAY …and get a total percent return …is there?
thats what I was having trouble. I don’t think i can do it? its like infinity or something?
thanks and sorry again,
If you read the method in the knowledge base or the XIRR formula captaincc suggested, you will get all your questions answered. You are aksing lots of questions without even trying the previous advices people gave to you.
I suggest taking this off board since it is completely Off Topic for Sauls’ board.
I can help you get a handle on your performance.
Does that help you?
All holdings and some statistics on my profile page
What I meant is that unless you have tremendously good records, you can’t rebuild your history going backward, but you could start today, with your portfolio value as of today, and calculate from here forward.
Sorry about the thread. I do apologies for the inconvenience!
Best to all,