As from April 2013 my Journey in Investing is to create Retirement Income for Life till 80 years old for two over market cycles of Bull and Bear.

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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

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Sunday, 17 December 2017

Recording Your Investment Or Stock Transactions Using MS Excel Worksheet Made You A Precision Retail Investors???


Just that MS Excel Worksheet shows value in various formats of presentation up to XXXX decimal points. 

It is just a worksheet and nothing more!

Just because of few pokers out there  in the cyber world poking some fun at these decimal places. 

Why are we are avoiding using MS Excel as CONVENIENT form or media for recording and tracking stock transaction either for performance review or future learning points?

By showing two decimal places; it DOESN'T make one a precision investor. Precision retail investors are those spend lots of time analyzing at finer details!


Anyone can turn on two decimal places with clicks; but not anyone can spend lots of time and effort on detailed analysis before execution.


See the difference!

:-)




6 comments:

  1. How about the defunct "Microsoft Money"?

    3 or 4 decimal also can one.

    i am using it for everything since day 1 as i find it is very good for "Boh Tak Chet" like me.

    SMOL what U are using?

    ReplyDelete
    Replies
    1. temperament,

      MS Excel ;)


      Notice CW's latest post on how he got $1 million in CPF?

      He rounded it up and decided not to use 2 decimal places...

      Snigger, singger.







      Delete
    2. Hoho .... when you got 7 digits on the left of the decimal point, you can ignore those on the right! :)

      For some people, $100K is a rounding error for their personal portfolios. LOL!!

      Delete
    3. Spur,

      Exactly ;)

      Its also called - not sweating over the small stuffs...

      Shh...

      Delete
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    ReplyDelete

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