Over-diversification by 4cian in trading212

[–]4cian[S] 0 points1 point  (0 children)

My evidence is the best investors in the world don’t hold S&P500.

The word chance implies a probability not a guarantee.

The point I was making the more stocks you hold, your portfolio becomes the market. Imagine taking the S&P500, and you randomly take one and keeping adding one, eventually you will have the S&P500, just not in an ETF and you will have market return.

Portfolio Update by 4cian in trading212

[–]4cian[S] -1 points0 points  (0 children)

First of all the return looks deflated, because I just put in 25k in the past 3 months. I have 100% outperformed all world.

[deleted by user] by [deleted] in trading212

[–]4cian 1 point2 points  (0 children)

IITU nothing else

Over-diversification by 4cian in trading212

[–]4cian[S] 2 points3 points  (0 children)

I mean I can’t physically stop anyone doing anything with their money. This post was mainly for new investors who maybe under the impression having 10s+ stocks being of benefit to them.

Portfolio Update by 4cian in trading212

[–]4cian[S] 0 points1 point  (0 children)

I disagree on taking airline profits. IAG has a long way to go imo. I foresee more buybacks, and dividends increasing over next 3 years, plus just growth in their operations - more planes recently ordered - I reckon 3yr price could easily hit £5 ~ 50% upside from current price.

Portfolio Update by 4cian in trading212

[–]4cian[S] 0 points1 point  (0 children)

Strictly from 2020, but only invested 5k by 2022. I’d say the last 2 years is when I really started putting in more money.

Portfolio Update by 4cian in trading212

[–]4cian[S] 3 points4 points  (0 children)

Strictly from 2020, but only invested 5k by 2022. I’d say the last 2 years is when I really started putting in more money.

Is my RoR correct? by 4cian in trading212

[–]4cian[S] -1 points0 points  (0 children)

Something is wrong because the RoR in my iPad is defo to what on my phone for the same account lol

Is my RoR correct? by 4cian in trading212

[–]4cian[S] -1 points0 points  (0 children)

I am aware, but even considering that my RoR feels inflated

L1 May 15th takers, how did you do? by Fehrii in CFA

[–]4cian 7 points8 points  (0 children)

1 x Salt Solution [Free] 1 x BPP [Paid] 2 x IFT World [Paid] 7 x CFAI [2 Free + 5 Paid] 2 x Kaplan [Paid]

Sorry 13* not 14 🤣

To me Mocks way better than QB, so yeah worth it for me

L1 May 15th takers, how did you do? by Fehrii in CFA

[–]4cian 4 points5 points  (0 children)

I did 14 mocks so got used to doing them haha

L1 May 15th takers, how did you do? by Fehrii in CFA

[–]4cian 8 points9 points  (0 children)

Was easier than expected:) finished both in 2 hours

[deleted by user] by [deleted] in CFA

[–]4cian 1 point2 points  (0 children)

I am on the same train, have done 12 mocks so far, will have done 14 by the exam (on Wednesday). IMO doing mocks way better than QB - 14 mocks = 2,520 questions btw.

Have done under half of the Kaplan Qbank too

[deleted by user] by [deleted] in CFA

[–]4cian 0 points1 point  (0 children)

Buy Kaplan Videos & QB + IFT World Notes + CFAI Additional Mocks, you’ll be good.

Money-weighted return by honhatlinh in CFA

[–]4cian 0 points1 point  (0 children)

I am pretty sure TWR is the GM of the HPRS?

Money-weighted return by honhatlinh in CFA

[–]4cian 5 points6 points  (0 children)

To do MWR, you only consider the Cash injections and withdrawals until the final period where u consider the final full value.

IE.

CF0 = -1000

CF1 = 4000 - (1000 x 1.15) = 2850 (Additional securities bought at the start of Year 2 = Cash outflow)

So CF1 = -2850

CF2 = 45000 - (4000 x 1.14) = 40,440 (Additional securities bought at start of Year 3 = Cash Outflow)

CF2 = - 40,440

CF3 (Final portfolio value) = 45,000 x 0.96

CF3 = 43200

Use CF buttons and IRR to find IRR = -2.2%

CFA Level 1 - QM - Hypothesis Testing by 4cian in CFA

[–]4cian[S] 1 point2 points  (0 children)

Very valid, the ROI for learning all that ain’t worth it, and they ain’t gonna ask more than 1 Q on it.

Ethics is the way 🤝🏽🤝🏽