The green bars show monthly portfolio changes. The red line, with Y axis on the right hand side, shows cumulative gains. All costs (inlcuding quarterly tax payments) are taken into account, as well as dividends. The results are adjusted for capital additions and withdrawals.
Not a lot to say really - things are ticking along ok. The market has been incredibly strong, with the odd wobble to remind us that it can't last forever. My preference is to look at closed profits only, but I only sold one stock for a small loss in October - BTA (see chart below. A portfolio may rise substantially and then give some back. I look at closed profits on a quarterly basis.
If a portfolio goes up 30% and then settles back to a 20% gain on closed profits have we lost 10% or gained 20%? If a portfolio goes up 20% and we exit there is no 10% loss and we are "happier" Open profits are not money in the bank. It is a never ending process.
stevo
1 comment:
Stevo,
I'm not sure what you do for a living but you graphs are always remarkably well presented...me thinks you've had some serious flight time with Excel.
Good going, keep it up.
ASX.G
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