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Rather! The weak Dollar (or strong Euro) gets the return down to 40% over 2003.
Now you need to know that I made my first US investments when the $$$ was at its peak. That difference is some 50%. Withe the bear and the Euro together, I still haven't quite caught up. But I am still
Regards,
Karel
My Investopedia portfolio
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Hey, thanks for the response.
I must be doing something wrong though:
I get this: (27.56/23.845)^(365/20) =14.04735
try this:
(27.56 - 23.845) / (23.845) x 365/20 = ??
Hi casinoboy! Sorry, I left something out! MrMarket's calculation is a proxy and usually good enough, but probably not with excessive returns. Your result is OK. It means that your money would get multiplied by 14, if KSWS could keep up this tempo over one year. (You better not believe that.) Your annualized return therefore is 1300%.
Regards,
Karel
My Investopedia portfolio
(You need to have a (free) Investopedia or Facebook login, sorry!)
Thanks, thats 284%! You are HUGE!!!!!!
CCBI looking great, and URBN could reach your target tomorrow!!!
I will start cooking your meats and gather only the finest cheeses.
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