tag:blogger.com,1999:blog-5465015914589377788.post5935007453678906673..comments2024-03-20T09:32:16.592-04:00Comments on Michael James on Money: My Investment Return for 2016Michael Jameshttp://www.blogger.com/profile/10362529610470788243noreply@blogger.comBlogger11125tag:blogger.com,1999:blog-5465015914589377788.post-30673525064727133362017-02-09T14:19:20.718-05:002017-02-09T14:19:20.718-05:00@Chrissy: Glad to help. @Chrissy: Glad to help. Michael Jameshttps://www.blogger.com/profile/10362529610470788243noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-45462103408175047312017-02-09T13:23:28.073-05:002017-02-09T13:23:28.073-05:00Wow, thanks for your quick reply Michael. I've...Wow, thanks for your quick reply Michael. I've read your linked article and will bookmark it for future reference as I'm still rather new to DIY investing and learning as I go. Thanks for sharing your knowledge and thoughtful opinions on money and investing.Chrissyhttps://www.blogger.com/profile/18305696023409254156noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-52494099897894844562017-02-09T11:49:41.760-05:002017-02-09T11:49:41.760-05:00@Chrissy: I calculate my IRR, and calculate a ben...@Chrissy: I calculate my IRR, and calculate a benchmark IRR with the same cash flows as I used during the year, and compare the two. A while ago I wrote a thorough piece explaining the various approaches, including the one used by PWL Capital:<br /><br />http://www.michaeljamesonmoney.com/2017/01/comparing-your-investment-returns-to.htmlMichael Jameshttps://www.blogger.com/profile/10362529610470788243noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-20883369125028194812017-02-09T10:50:50.485-05:002017-02-09T10:50:50.485-05:00Hello Michael, Canadian Couch Potato recommends us...Hello Michael, Canadian Couch Potato recommends using both the modified-dietz method (using a spreadsheet on PWL Capital's website) as well as a money-weighted calculator. Can you please share your method for calculating your personal rate of return? Chrissyhttps://www.blogger.com/profile/18305696023409254156noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-72205853207245937442017-02-04T14:38:43.996-05:002017-02-04T14:38:43.996-05:00"Total" because the "return is for ..."Total" because the "return is for public equity holdings only", or about 50% of my investable assets. <br /><br />My long-term returns cannot yet be truly accounted because of the public/private split. It might be another 3-5 years for a true total return. <br /><br />As well, over the years 100% of my money has never been 100% invested long-term in public equities. I have employed different "investing" systems, such as churning penny stocks ('90's) and precious metals ('10's), real estate, opportunistic businesses, and private equity in tandem with traditional stock market holdings. <br /><br />A guesstimate for my 20-year total return might be 20%/yr. <br />(I make 8%/yr just by holding my government job "investment"!)<br /><br />And no, it doesn't really bother me that I don't know the exact number. <br />SSTnoreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-54501583598373117222017-01-30T17:07:19.109-05:002017-01-30T17:07:19.109-05:00@SST that's pretty spectacular, why do you put...@SST that's pretty spectacular, why do you put "total" in quotes? How are your longer term returns? Gregnoreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-59082058939370809462017-01-28T16:16:52.966-05:002017-01-28T16:16:52.966-05:00My investment "total" return for 2016 wa...My investment "total" return for 2016 was 46%. <br /><br />My portfolio is split roughly 50/50 between public and private equity, the above return is for public equity holdings only; private equity tends to be valued only at offering and upon exit, thus a true total return won't be known until such time.<br /><br />For various reasons I don't compare my portfolio to any benchmark besides that of my own personal required rate of return. <br /><br />Hope 2017 is just as Trumptastic! SSTnoreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-67498242647491775362017-01-27T16:11:26.367-05:002017-01-27T16:11:26.367-05:00thank youthank youAnatoliNhttps://www.blogger.com/profile/07937984526970646627noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-28197187080175472402017-01-27T15:21:56.448-05:002017-01-27T15:21:56.448-05:00@AnatoliN: Here's the link:
http://www.micha...@AnatoliN: Here's the link:<br /><br />http://www.michaeljamesonmoney.com/2014/10/my-asset-allocation.htmlMichael Jameshttps://www.blogger.com/profile/10362529610470788243noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-79267129714532859412017-01-27T15:00:48.218-05:002017-01-27T15:00:48.218-05:00Could you post a link to description of your curre...Could you post a link to description of your current portfolio? thanksAnatoliNhttps://www.blogger.com/profile/07937984526970646627noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-7411851893179023992017-01-25T07:51:49.353-05:002017-01-25T07:51:49.353-05:00I do love it when you put charts in your posts.I do love it when you put charts in your posts.Big Cajun Man (AW)https://www.canajunfinances.com/noreply@blogger.com