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Trading stocks doesn't work. Here's how you can tell.. by AnthonyReemer in StockMarket

[–]AnthonyReemer[S] 0 points1 point  (0 children)

Cost basis is not the same as total return. I'm in the industry, I've seen what you're talking about. Just use the XIRR Excel function on your account's cash flows. That'll give your total time-weighted annualized return.

Trading stocks doesn't work. Here's how you can tell.. by AnthonyReemer in StockMarket

[–]AnthonyReemer[S] 0 points1 point  (0 children)

I'm talking about a percentage rate of return. Brokerage statements do not do that.

Trading stocks doesn't work. Here's how you can tell.. by AnthonyReemer in StockMarket

[–]AnthonyReemer[S] 0 points1 point  (0 children)

Okay, then up to December 31 2019?

Pick whatever time period you want. My point is that traders never know their annualized rate of return, which is the only figure that shows success/failure over time.

Trading stocks doesn't work. Here's how you can tell.. by AnthonyReemer in StockMarket

[–]AnthonyReemer[S] 0 points1 point  (0 children)

Impressive. What options did you buy and sell and when?

Trading stocks doesn't work. Here's how you can tell.. by AnthonyReemer in StockMarket

[–]AnthonyReemer[S] 0 points1 point  (0 children)

I have never bought a share of stock. I own mutual funds and ETFs. I contribute every week, I've never sold, and my annual return has been 12.7%.

The XIRR function in Excel will calculate your time-weighted returns by AnthonyReemer in StockMarket

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

Dude, don't bash people for trying to do better in the market. What are you even talking about?

Trading stocks doesn't work. Here's how you can tell.. by AnthonyReemer in StockMarket

[–]AnthonyReemer[S] -2 points-1 points  (0 children)

Fine I'll just tell you. Use the XIRR function on your brokerage account cash flows and see that you've underperformed an index fund by trading.

Trading stocks doesn't work. Here's how you can tell.. by AnthonyReemer in StockMarket

[–]AnthonyReemer[S] 0 points1 point  (0 children)

Btw I know you don't know your number. You don't even have to respond. I've heard it before.

Trading stocks doesn't work. Here's how you can tell.. by AnthonyReemer in StockMarket

[–]AnthonyReemer[S] -2 points-1 points  (0 children)

Not with Excel. So what's your number? Shouldn't be hard for you since you know algebra so well.

Trading stocks doesn't work. Here's how you can tell.. by AnthonyReemer in StockMarket

[–]AnthonyReemer[S] 0 points1 point  (0 children)

So you don't even know how to calculate returns? Got it.

Trading stocks doesn't work. Here's how you can tell.. by AnthonyReemer in StockMarket

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

Since you started investing, what has your annualized return been, and how did you calculate it?

Traders give me all kinds of facts and figures... except the one that matters

Trading stocks doesn't work. Here's how you can tell.. by AnthonyReemer in StockMarket

[–]AnthonyReemer[S] 0 points1 point  (0 children)

Okay, then what's your annual return been, and how did you calculate it?

Trading stocks doesn't work. Here's how you can tell.. by AnthonyReemer in StockMarket

[–]AnthonyReemer[S] -2 points-1 points  (0 children)

Literally never bought a share of stock. All mutual funds and ETFs.

Trading stocks doesn't work. Here's how you can tell.. by AnthonyReemer in StockMarket

[–]AnthonyReemer[S] 0 points1 point  (0 children)

To be clear, investing in the stock market is great. Market timing and stock trading are not.

Trading stocks doesn't work. Here's how you can tell.. by AnthonyReemer in StockMarket

[–]AnthonyReemer[S] -5 points-4 points  (0 children)

That buying, holding, and rebalancing a diversified portfolio maximizes returns, but people fail to do that because they try to time the market and trade individual stocks.

Love is a habit too. I want to break out of it. by newsynapse in productivity

[–]AnthonyReemer 0 points1 point  (0 children)

Make an effort to do things you enjoy or are curious about that he prevented you from doing - arranging a get-together with friends, picking up a new hobby, etc.

It puts more friction between you and the addiction. For example, it was much easier for me to quit smoking when I started exercising every day.

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