island wrote:Uncle Pennybags wrote:Beardstown accounting is real and accepted if one states that method was used. The Ladies neglected to mention that in their accounting and that lead to all the fun and games.island wrote:Would rather posters skip the fake news so as not to confuse the inexperienced like myself who are still learning.
There is nothing to learn. If you notice Boglehead investors all get the same results within a few percent for their asset allocation.
Thanks. Probably should have added a little smiley dude there since wasn't meant as a complaint.
However, I will disagree with there is nothing to learn. I am interested in how people come up with their results. Not all Bogleheads are the same obviously or post their asset allocation and I'm finding that mutual fund firms, etc vary in how they come up or post performance. Not something that's going to change my course now, just trying to understand and learn as much as possible.
I'm still working on getting all our accounts in one place on paper so I can see our portfolio as a whole, beyond just knowing dollar amount.
Take a look at this method, if you haven't already: https://www.bogleheads.org/wiki/Calculating_personal_returns
As mentioned above, it sets aside contributions and withdrawals. You update balances and transactions monthly. I like the fact that it uses the same logic over and over, so month-to-month comparisons actually tell me something, and you have to consciously leave stuff out if you want to fool yourself by the means that livesoft mentioned above.