A.I.M. Users Bulletin Board

[SFSecurity]

Hi Clive, Most excellent. Very similar to what I've done. I like what you did to automate never buying more than your cash reserve. Clever.

BTW you can use https://finance.yahoo.com/q/hp?s=OVTI+Historical+Prices to get the prices directly. Just substitute whatever symbol you want to check for OVTI and it will get that stock's data.

Now a couple of questions. Is the function of the VFISX to allow the inclusion of the changes to your cash reserves because it is held there? If so, why do you use the adjusted price? It would seem to me that when you put money in, say $5k, on one day at a price of $10/share, or 500 shares, and then when you want to draw some to fund a buy the number of shares you need to sell would determined by the actual trade price, say it was $10.20 and you needed $3k, then you would sell 294.11 shares.

As an example, in all of June and July of 2000, the open price and intraday never got lower than $9.98 and the intraday as well as the close never got above $10.03 yet the adjusted close ranged from $6.35 to $6.43. It would seem to me that if you bought on July 14th, 2000, you would have paid exactly $10.01 as it did not vary at all and if you sold it on July 31st, 2000, you would have gotten $10.02/share, not the adjusted close of $6.42.

What am I missing?

BTW, one of the things that has annoyed me about the way Yahoo displays the prices for the month is that they use the date for the first trade of the month but the price is actually for the last close of the month.

Best,

Allen