- [assets at end of period – assets at start of period – new money entering portfolio] divided by [assets at start of period],
- then used the mid-point Dietz which was a more accurate method,
- and now use Excel's XIRR function for anual returns. If it is not a full year I then adjust XIRR by the PRR (Personal Rate of Return) = [(1+XIRR Annualised Return)^(# of days/365)]–1.
In those post I also used incorrect weightings for the benchmark portfolio. It should have been 72% stocks/28% bonds as per here.
Apologies for the confusion but I'm learning here too.
2008 was a bad year for my investment portfolio and by
My fees are currently running at 0.6% so excluding fees it’s
With my current asset allocation I am predicting an average return after inflation of 4.2%. With the UK Retail Prices Index (RPI) currently at 0.3% I therefore needed 4.5% to ‘break even’ so all in all a good year when compared with this.
Now I guess I should benchmark myself against something. Data available from the iShares website as of the
Building My Low Charge Investment Portfolio – Part 2” which simplified is:
If I had have held a very basic