01-11-2016, 12:17 AM
Here's another perspective.
Even if one's timing has been terrible:
1. Buying at the peak of $0.34 in Aug 2014
2. Getting $0.12 on 22 Aug 2014
3. Getting $0.09 on 28 May 2015
4. Selling at $0.17 last week
The XIRR would still be over 10% p.a.
With just slightly better timing:
1. Buying 3 days earlier at $0.325 in Aug 2014
2. Getting $0.12 on 22 Aug 2014
3. Getting $0.09 on 28 May 2015
4. Selling at $0.18 last week
The XIRR would be over 17% p.a.
So the usual disclaimer forummers see in this forum (YMMV) is a very real thing.
Even if one's timing has been terrible:
1. Buying at the peak of $0.34 in Aug 2014
2. Getting $0.12 on 22 Aug 2014
3. Getting $0.09 on 28 May 2015
4. Selling at $0.17 last week
The XIRR would still be over 10% p.a.
With just slightly better timing:
1. Buying 3 days earlier at $0.325 in Aug 2014
2. Getting $0.12 on 22 Aug 2014
3. Getting $0.09 on 28 May 2015
4. Selling at $0.18 last week
The XIRR would be over 17% p.a.
So the usual disclaimer forummers see in this forum (YMMV) is a very real thing.