Thursday, January 17, 2013 8:56:09 PM
I have gone back and done the math, and you are correct, I'm NOT at zero! It will take a few more years..LOL!!! However, I am NOT at a loss, I'm showing a profit, and that I CAN prove. Rather than sharing my finances with you, I've attached a worksheet showing what would happen If you bought 1 share 5 years ago, an extra share every month, and re-invested the dividends. (without comissions) The worksheet is not 100% accurate, and does not reflect my portfolio, but gives you a good idea of how low your PPS would be.
After listening to you and bar1080 the last few days, I may have to change my investing strategy...
Although I still like the majority of my portfolio in the green, while listening to my friends crying.
I recommend a good book, Dave Ramsey's "Financial Peace" A friend gave me a copy 20 years ago, before anybody knew who he was, and didn't even have a publisher. I've bought the book for family and friends. The ones that have followed it aren't complaining, and held steady through the tough times. I hope you can see this worksheet!
After listening to you and bar1080 the last few days, I may have to change my investing strategy...
I recommend a good book, Dave Ramsey's "Financial Peace" A friend gave me a copy 20 years ago, before anybody knew who he was, and didn't even have a publisher. I've bought the book for family and friends. The ones that have followed it aren't complaining, and held steady through the tough times. I hope you can see this worksheet!
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