Originally Posted by tmm99
I still see PC as a beneficial tool, but it may not be 100% accurate.
The reason I use a spreadsheet is:
- Because I know exactly what it's doing.
- I don't need to divulge credentials to a third party
I have a "quickie" calculation that uses the same formula as the MoneyChimp calculator, and I have another spreadsheet that does XIRR (I only run that quarterly).
For a long time, I was just doing:
Originally Posted by nun
(Present balance - starting balance) / starting balance