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Re: zimblerzero ---- MadMutt Status 

By: Zimbler0 in POPE 5 | Recommend this post (1)
Mon, 31 Dec 18 1:51 AM | 65 view(s)
Boardmark this board | Pope 5 		Msg. 18661 of 62138
(This msg. is a reply to 18579 by kathy_s16)
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Kathy > And to think I used to admire you, but you are playing with monopoly money and telling us how well you are doing?????


Babe,
Every time I get another dividend check and deposit it into
my accounts . . . I have direct evidence that 'MadMutt' is
not monopoly money.

And it is not a 'pissed off god'. It might be a psycho dog,
or it might just be a crazy dog. But not peeved.

I remember reading about this investing club . . Which was
bragging about how good they was doing . . . Until somebody
who knew what they was looking at looked at it, and pointed
out that the reason the balance was growing was because of
all the money they was putting into it. Factoring in the
moneys they was putting into it, and the end result was a net
loss of money.

I decided I did not want to make that mistake. I wanted an
honest appraisal as to whether or not I was doing good.

And the end result of my research was the MadPoet's MadMutt
Mutual Fund. I totaled up the value of all the assets,
created an arbitrary number of shares, then divided the value
by the number of shares to calculate a NAV. (Net asset value -
or price per share.)

Buying more shares should not change the NAV. Hence, if I buy
more of something, I 'buy' more shares in MadMutt. (I take the
amount invested, divide it by the NAV and add that many shares.)

Taking money out also changes the number of shares, not the NAV.
So, when I get a dividend check I divide the check by the NAV and
subtract that many shares.

Once a week I do all the arithmetic - totaling up all the assets,
calculating any additions or subtractions then re-calculating the
NAV.

And yes, the NAV does go up and down as the stock market goes
up and down.

All of that is 'playing monopoly' . . . But when a dividend check
hits the bank and I can use the money to take GirlFriend out to
dinner - it turns real.

Zim.




Avatar

Mad Poet Strikes Again.


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The above is a reply to the following message:
zimblerzero ---- MadMutt Status
By: kathy_s16 in POPE 5
Sun, 30 Dec 18 8:59 AM 		Msg. 18579 of 62138

MadMutt

ok, let me aXe ya something about this MadMutt thing ya got going.

Why didn't you just call it "PissedOffDawg?"

or if the dawg is female

why didn't ya call it PRE-MENSTRAL BITCH?

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imaginary shares

excuse, zimblerzero, this is an imaginary fund that you align with your real funds to see how you're doing.

send me your picture and I'll let you know how you're doing.

I mean, really, this is indicative of one that has too much time on their hands.

Can't ya play solitaire like normal people?

And to think I used to admire you, but you are playing with monopoly money and telling us how well you are doing?????

Screw loose....

love you, zimblerzero - I must. Do you hang out with imaginary friends, too?

Do you imagine that your private parts REALLY are called the "family jewels?"

omg (glad you're not here, and don't read this) thank ye.


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