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Re: ZIMBLERZERO -----Holy Cow ! Somebody Bled All Over My Spreadsheets!

By: kathy_s16 in POPE 5 | Recommend this post (0)
Mon, 02 Mar 20 10:40 PM | 32 view(s)
Boardmark this board | Pope 5 		Msg. 54033 of 62138
(This msg. is a reply to 54029 by Zimbler0)
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First of all, where did the blood come from on your SPREADsheets? Are you on a blood thinner?

-----------

Nobody is bitching (yet) today.

It's up 2 % today - earlier it was 3 %.

The coronavirus has something to do with this, even though President Trump has nothing to do with this.

RALLY IN NC ON THE EVE OF THE PRIMARY - RATTLE THEIR CAGES, Donald.

Long line already.


If you think education is expensive, try ignorance.


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The above is a reply to the following message:
Re: ZIMBLERZERO -----Holy Cow ! Somebody Bled All Over My Spreadsheets!
By: Zimbler0 in POPE 5
Mon, 02 Mar 20 10:12 PM 		Msg. 54029 of 62138

Kathy > ok, so how much has it gone up in the last 10 years?

Honest question.
I had to fire up the other computer to find out.

A very long time ago now I created a fictitious
'mutual fund' I call 'Mad_Mutual'. I took the
value of everything 'in it' and decided I would
create an arbitrary number of shares. Divide the
value by the shares and I came up with a NAV of
$8.70. (NAV = Net Asset value - or dollars per share.)
This was back in 2006.

If I buy 'stuff' to go in it I have to create more
shares equivalent to the NAV and the number of shares
goes up proportionately to what I bought. If I receive
a dividend check I have to subtract the equivalent
number of shares. The end result of all the arithmetic
is I have a number (NAV) which, over time, reflects how
well or how poorly my investing has done. When the
market takes a dump my NAV goes down with it.

So, at the start of 2006 my NAV was $8.70.

At the start of 2010 my NAV was $9.33.
At the start of 2020 my NAV was $27.02.

Not quite tripled my money? (Please do remember
that a lot of the increase in my NAV is due to
those dividend checks - which I either spent or
re-invested.)

And yesterday my NAV was down to $25.14.

Zim.

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