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Showing content with the highest reputation on 07/07/2023 in all areas

  1. Other than inputing individual trades into a spread sheet to figure out my rate of return, I didn't know how to see if I was doing better than passive investing and by how much. My brokerage shows you cumulative time weighted returns, which would give me an accurate answer only if I didn't make any additions or withdrawls to the account. So I don't have a good estimate for returns in my taxable account. BUT I just realized that my ROTH IRA hasn't had any additions in a while (I converted some of my traditional IRA to a Roth IRA during the temporary tax cut year, but haven't added since because taxes went back up). So when I used the tool, it's comforting to see that all my efforts aren't producing a result that is worse than passive investing. I have no desire to ever manage money for anyone, and honestly if someone was looking over my shoulder and questioning some of the dumpster dive stocks, I might be tempted to hug the index and underperform just like the pros. But I do think individual investors can play a different game than the pros and part of the positive returns are due to this website. The signal to noise ratio is very good here and reading up on a thread here is part of my process (along with 10-ks, investor presentation, trade mags, interviews with the CEO etc). I definitely make fewer errors by being able to bounce ideas off of smart people here and get their feedback. And talking with people with compounder mindsets is helping me look for more of them and avoid quick pops in commodity shitcos. So thanks to everyone on here for your help. I appreciate the culture of sharing and generosity on here. From July 1, 2020 to July 6, 2023 Showing prior-day close of business data Select to view help about how often this performance data is calculated Cumulative time weighted return 93.99% Select to view help aboutHow is this cumulative time weighted returnvalue calculated? S&P 500 TR View selected benchmark index help 49.23% Select a benchmark indexto compare with your historical performance from the dropdown menu in the layer
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  2. The way that most CCP members will use this kind of articles is different than the way you used it, though. one way they use it is like the following: if a party member is going to propose a policy change, they will check through this article to see whether they can find "support" to claim that their policy change proposal is to bring about the "intended results" based on XJP's thought. At the same time, they will check whether their proposal can be viewed as against XJP’s thought by others (including their political competitors/ enemies.) For example, if one is going to propose to abolish the Hu-Kuo system, he/she will check against this article to see whether he/she can gain support or can get in trouble or not. Another way is to compare the article against earlier articles to check the difference to see whether there is any indications about the change of the “direction.”
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  3. “Janet Yellen concerned about Chinas new export controls”….. Think Janet is equally “concerned” about any of the US policy directed towards China or Russia? Even Canadian tariffs? Nah bro. https://www.cnbc.com/2023/07/07/yellen-says-shes-concerned-about-chinas-new-export-controls.html
    1 point
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