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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