SPOOZ Inc (SPZI)

[jkruppa]

ThSeeker, I can't PM.

Here's what you wrote
Hi jk

I was off a decimal point.
If I'm looking for the annual rate based on NO COMPOUNDING.

Is this correct?

$100K x .28 x 21.5 / $100,000

about 600% profits in a year

What you're doing is multiplying by 21.5 the 28% of the original amount...this would be accurate if, at the end of every 12 trading day period you took out your profits and started the next period with the same principle that you had initially. I hope that makes sense. The difference in what you did and what I did is, at the end of the first 12 day period there's 128 dollars in the account that used to have 100 (28% increase). Then, at the end of the second period, there's 28% more, which is your $128 * the 28% return, which is $35.84, which results in the account having $163.84 in it after 24 business days. During the next 12 business days you'd make another 28%, which would be 163.84*28% = $45.87, giving you a balance of $209.71. What we're doing here is compounding the interest, or put another way, rolling all of the profits back into the investment machine.

PM me your email, or reply here and I'll try to help you in any way that I can.