Good Morning Gang, I've revise my AIM spreadsheet to include the Compund Annual Growth Rate calculation. I have it set up to grab the starting date but I can't figure out how to get the last date in the Date column.
Anyone know how to do this?
Anyway, in playing around with a variety of ETFs/ETNs it dawned on me that Toofuzzy is not only right about having a minimum investment in a position of $20,000 but that if fact it is better and much easier if you have at least $30,000 in a single position.
There are a couple of interlocking reasons. The first is to keep one's commission costs as low a percentage as possible. The second is that by having a larger position it is then possible to lower the buy/sell safe and the total number of shares to buy/sell which creates more buy/sell action because the spread is less between the current position and the new buy/sell points. This helps overcome the two key limitations of most ETFs/ETNs, low total range over the years and the generally slower movement over time. In a way it seems to multiply "volatility" much like 2x/3x ETFs/ETNs do.
