In all seriousness, it's whatever helps you sleep well, or puts a smile on your face. Some will criticize whatever you publish, so do what's comfortable for yourself.I'm a bit confused here. Are we looking for investment performance or change in NW?
I'm a bit confused here. Are we looking for investment performance or change in NW?
In all seriousness, it's whatever helps you sleep well, or puts a smile on your face. Some will criticize whatever you publish, so do what's comfortable for yourself.
I've stopped reporting performance and benchmark. Just going with total portfolio change. But I do look at most of the posts and enjoy the results.
There are threads on net worth, and what's included. Don't even want to get into the net worth thing.Thanks. But my %YTD and %NW change aren't even close to each other.
I use account balances today (from all accounts valued in dollars) as compared to those accounts on January 1. But I perform a rough adjustment for additions and subtractions. This gives an approximate portfolio performance, which is good enough for the entertainment value of this thread.Thanks. But my %YTD and %NW change aren't even close to each other.
I use account balances today (from all accounts valued in dollars) as compared to those accounts on January 1. But I perform a rough adjustment for additions and subtractions. This gives an approximate portfolio performance, which is good enough for the entertainment value of this thread.
There are threads on net worth, and what's included. Don't even want to get into the net worth thing.
The guidelines for the thread are in the first post. Of course we humans like to change things around.
Our total has been pretty stable, but there was a jump in investable assets due to inheritance. But it had little impact on what I reported here last two years. I waited until the new year turned over, and upped the total on Jan 1. So it had no effect on increase in value posted here.
I can see why this thread is confusing. Some treat it like counting beans, others are like, "Whatever, it's about 1%."
Thanks...I keep track of everything in Quicken so I can pretty much figure it any way I want. I was really just interested in how and what everyone else was doing. My YTD investment gain on a 50/50 portfolio is 3.3%. But my YTD NW change is 9.6%....as others have said ymmv.
Yes I do not mark to market illiquid assets so the effect is to reduce the volatility of NW. I find that comforting because in the worst case the illiquid assets can be liquidated too.Thanks. But my %YTD and %NW change aren't even close to each other.
I think the younger you are the more important is the XIRR total performance gold standard. If someone's shelf life is shorter, it is a nice number to know, but you don't really give a hoot about it. You're focused on the total that will survive you, and how well the survivors will do in your wake.Thank. These are, to me anyway, what make NW gain pretty much irrelevant as I'm not going to win the lottery, or have some wealthy relative leave me money. I really thought the % gain on your investment was a better comparison. NW can just mean you're either very lucky or very cheap.
Another point is that total investable assets (Total Portfolio) to me means just that. No car, diamonds, home, etc. I think NW means all of that added to Total Portfolio. There are many local interpretations, and I am fine with it all.
I normally only post here at year end, but I thought the roller coaster of my 100% individual equity portfolio might amuse some and let others who might be thinking of this route know what they might be in for. All numbers are IRR and YTD.
Feb 20 hi +13.1%
Mar 23 lo -45.5%
Oct 05 hi +17.1%
Oct 30 +12.2%