Welcome to Ministry of Wealth and Gifts for your loved ones!

This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

It is here where I share with you how I did it! FREE Education in stock market wisdom.

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Important Notice and Attention: If you are looking for such ideas; here is the wrong blog to visit.

Value Investing
Dividend/Income Investing
Technical Analysis and Charting
Stock Tips

Wednesday, 19 August 2009

Do you have one minute to update your portfolio?

Peter Drucker once said, “What gets measured, gets managed.”

http://createwealth8888.blogspot.com/2009/08/measure-measure-measure-part-2.html <--- Measure CreateWealth8888's No 1 question: What is your ROC?

CreateWealth8888's No 2 question: What is your CAGR?

Some will reply:

Oh, I am very lazy to compute CAGR.
or

Aiyo, I am very busy, no time la.

I am telling you that you only need less than one minute to update your portfolio and instantly know your CAGR. (If you die die must have very accurate CAGR, then you have one worksheet for each set of capital, and then compute average CAGR)

For updating your portfolio, I suggest you visit Sharejunction to create a watchlist of your counters in your portfolio.

http://www.sharejunction.com/sharejunction/index.html


You can then highlight and copy your watchlist and paste it directly into your Excel worksheet. The current price of your counters is then linked to the respective counters in the sharejunction's watchlist. Instantly, your value of portfolio is updated and CAGR too. It takes less than 1 minute to know your CAGR.

Are you that lazy? Are you that busy? Come on.. stop kidding!
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