Which side do you see for SUCCESS?
Right side or Left side???
.jpg)
Happy in winning pennies but forgetting hidden losses in dollars.
To see both sides of SUCCESS in investing or trading, we should track and measure everything in our portfolio.
Portfolio = Current stocks value + Cash available for investing
= Capital + Realised P/L + Un-Realised P/L
Posts
AS long as your original(starting)capital is +, you are making money. What ever equation you want to use.
ReplyDeleteShould we compute dividends into the equation ?
ReplyDeleteRealized P/L includes dividends
DeleteHi CW8888,
ReplyDeleteWould 5% XIRR qualify as a middling success?
For long-term investing return, I would like to benchmark it against 2 x CPF OA 2.5% rate i.e. 5%
Deleteso XIRR >= 5%. Good liao!