New Zealand Dollar falls across the board on weaker consumer confidence
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The New Zealand Dollar weakens in its most traded pairs after weak consumer
confidence data. The New Zealand economy suffers from the twin evils of
high i...
46 minutes ago
CW,
ReplyDeleteI poke you a lot on your powerpoints but I must commend you on one thing - you are more clear and transparent than crystal ;)
1) Cash is indeed rotting and a drag on portfolio performance. And its reflected in your XIRR. PAP whiter than white! If you removed cash from the calculations, all your XIRR will be in double digits ;)
2) XIRR since inception will produce a different number than if we calculate the annual XIRR and then "average" it by the number of years.
I don't know why I so nice to you today?
Maybe it's Christmas?
LOL!
Xmas is the time to share joys. :-)
DeleteHehe... maybe in 2017, we should consider less poke and more praises! hahahah
ReplyDeleteHappy holidays guys!
Scorpion by nature will poke. :-)
Delete