Re: New purchase hurts portfolio performance

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In Reply to: New purchase hurts portfolio performance posted by WhyAskWhy on January 04, 2004 at 02:27:11:

: I have always presumed that the "%Gain-I" column on the portfolio performance report was the column to use to track portfolio performance between any two dates.

: On 12/31, I added a new purchase of a new investment into my portfolio. This seems to have dropped the "%Gain-I" for all reports ending on 12/31. I don't understand why a new purchase would affect the portfolio performance if it occurs on the end date of the report date range. Is "%Gain-I" the stat for tracking portfolio performance? If not, what is?

Hello,

All of the %Gain figures don't really factor in the time the money
was invested. For this reason, they aren't always the best measure
of performance. The ROI yields on the other hand do factor in
when the money was invested. You may prefer to look at the "Yield" column
in this report to get a better measure of performance. For a more
detailed description of each column, just select "Help/Help on Report..."
while viewing the report.

Thanks,
Mark
--
Mark Beiley

Fund Manager, portfolio management software for Windows 95/98/ME/NT/00/XP

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