On Sun, 27 Apr 2008 11:45:49 -0500, "Walter_Slipperman"
<WalterS@[EMAIL PROTECTED]
> wrote:
>Here is what the page looks like that he sends me:
>_______________________________________________________________________
>****tfolio Internal Rate of Return
>
>Annualized ****tfolio Return from 08/16/99 to
>04/24/08 = 6.62%
>
>****tfolio Internal Rate of Return - This is the result of the
calculation
>to solve for the rate of return which would maek an account from its
intial
>value to its ending over a particular period of time. It measures
****tfolio
>growth over time and is directly comparable to other familiar returns
such
>as that of a bank account.
1. Clearly the 6.62% represents an annualized return, as I suspected, and
not a "total" return.
2. I don't know what "maek" means and don't understand that sentence.
There's probably a typo in that sentence, and maybe a missing word or
phrase, too.
3. Unless he is including your contributions as part of the growth, as I
wrote before, these results are much better than that of the S&P500 Total
REturn index, and with less volatility.
4. Your results are not as good as the S&P MidCap 400 and SmallCap 600
Total return indices but, again, the volatility of your returns is much
better, in keeping with your desire for a more conservative position.
--ron
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