LYC 0.34% $5.93 lynas rare earths limited

Ok CJ this is my last comment on this because it is pointless...

  1. 550 Posts.
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    Ok CJ this is my last comment on this because it is pointless repeating myself (and it is cluttering the board).

    You cannot take a three monthly investment gain, sell it, and then extrapolate it into a yearly average. That is because you NO LONGER ARE MAKING GAINS ON THE STOCK. So a $100 investment yielding 25% (i.e. being $125) sold at 3 months cannot be represented as being worth $200 at a year. That is both math and reality. It is still a 25% gain one day, one month, one year, and one decade after you closed it. You might compare it against something it took you four times as long to make a 25% gain in -- but it will never change the percentage gain you realised.

    IF I were to compare investments between each other then I would look at absolute cash or percentage gains. Of course, one looks at investments in a general sense -- e.g. "man that was a great stock I wish I bought more", or "that was a real dog". But trying to calculate how much better off I might have been by buying X shares of the SP 500 is pointless -- because I cannot dial back the clock and buy them instead -- and (despite your insane CAGR monthly extrapolations) past performance is no indication of future performance.

    As for Lynas - I first bought at .0415 c on Sept 11, 2015 (and at 3.8, 3.4, 6.3, 8.1 and a few others). By pointless comparison - the SP 500 was at 1961.05 when I first bought. But I never bought the SP 500 so it doesn't matter.

    Nuff said.
 
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