Re: Rate of return since Aug of 1999

On Tue, 29 Apr 2008 04:04:03 -0500, "Walter_Slipperman"
<WalterS@[EMAIL PROTECTED]
> wrote:

>****tfolio Internal Rate of Return -  This is the result of the
calculation
>to solve for the rate of return which would make an account grow from its

>initial
>value to its ending value 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.

That sounds appropriate, and is what I would expect.  Again, with the
caveat that your advisor is not counting your contributions as gains
(which
he should NOT be).

My conclusions are the same.
--ron

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