Quote:
Originally Posted by tiger_handheld
it's not for school. i'm trying to figure out what my ror is on some investments i own and if i should can them before year end of year.
i'm trying to see if i'm hitting my goal of achieving 5-7% return on average per year over 2/3/4/5 year period. (my goal is over 5yr period)
lets use some numbers here.
year 2010 - amount invested 4000 - rate of return = 1.29%
year 2011 - amount invested 1700 - rate of return for year = -7.2%
year 2012 - amount invested 1600 - rate of return for year = 12.11%
i'm super confused by your guys's 1-x +y = Z stuff...
|
Yikes - if you can't do that math, and if past performance dictates sell decisions, you should get a professional to manage your money.
Your financial literacy is low, based on this so your decision making may be on inaccurate and poor information
Posted via RS Mobile