Everyone has opinions. They give you their two-cents worth. I'll give you more. One penny more. That's a cool 50% more than others. And that's wicked value.
The LIVEROCKET investment philosophy is that at any given time, there are amazing companies out there that are building better mousetraps and generating incredible sales. This is not a buy and hold philosophy. No company can maintain exceptional growth and momentum for long.
Since you're trying to demonstrate the value of active trading, an update each time the portfolio changes seems appropriate. Don't know how much work it is for you to do an update, but there are a number of shareware Excel plugins that can automatically grab quotes from sources like Yahoo.
Also, would be interesting to see how your performance compares to the indices with dividends factored in. Given the multi-year timeframe it's starting to become material.
Will you move back to weekly performance updates now that you are actively trading and again and using options?
ReplyDeleteI moved to bi-weekly and posted this weekend. Now, I checked AND IT DIDN'T POST!!!!
ReplyDeleteIt's saved but now is outdated
I do agree that I need to find a compromise between regular updates and something that can track the changes as we go along.
Suggestions?
Since you're trying to demonstrate the value of active trading, an update each time the portfolio changes seems appropriate. Don't know how much work it is for you to do an update, but there are a number of shareware Excel plugins that can automatically grab quotes from sources like Yahoo.
ReplyDeleteAlso, would be interesting to see how your performance compares to the indices with dividends factored in. Given the multi-year timeframe it's starting to become material.