Just did my annual return, page-34

First 34 Last

Share
Profile

Follow
grjohnson

852 Posts.

174

04/01/22

14:30

Post #: 58631725
Share

Originally posted by Pomodoro: ↑

I thought I told you. You people just don't know to read the important points or have no idea about numbers.

The index went up by 13% on a pure cap gain perspective. I Beat the index by 1%.

Taking dividends into account less costs - I got 19.4%.

Therefore, I beat all your superfunds by miles as those returns gross returns (ie don't take costs into account). Once they take their costs into account your 19.03% will drop like a led balloon.

And for the fool who just thinks these returns are like buying FMG and holding onto them - this is not a stock pickers game. This is a portfolio game. If I have to give you some of my stock pick returns they are over 100%. But you CANNOT make money in this game year in year out stock picking and becoming lucky. Otherwise the whole industry out there will buy FMG and go to sleep. This game is about one's methodology. That is, just like the Casino has a methodology of always winning and being ahead, you must have a similar methodology to make money in the stock market. Otherwise you are just a punter who will blow your money over time.

Expand

It’s not even EOFY and you’re talking about your little wins and “annual returns”. Pedo doesn’t even know when tax returns are filed. I think Pedo is trying to crow about his “mid-year” return. Who know’s … but really, who cares. Next Pedo will be crowing about having a better return than term deposits. What a loser/ troll.

NEA Price at posting: $1.53 Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 1 more message in this thread...

First 34 Last

Add NEA (ASX) to my watchlist

Just did my annual return, page-34

Featured News

Construction commences on the Nobles Gold Processing Facility

From the Floor question: "Is lithium dead?"

ASX Market Update: Shares slip with energy and IT in drag mode | 17 June, 2024

MiningNews Select Conference: Inflation and global shifts pose funding challenges for Aus miners

RAU all set to samba in Brazil rare earths space off successful IPO launchpad

Just did my annual return, page-34

Featured News

Top Stories

Construction commences on the Nobles Gold Processing Facility

From the Floor question: "Is lithium dead?"

ASX Market Update: Shares slip with energy and IT in drag mode | 17 June, 2024

MiningNews Select Conference: Inflation and global shifts pose funding challenges for Aus miners

RAU all set to samba in Brazil rare earths space off successful IPO launchpad