Why do Merrill and Fidelity use time-weighted returns? As individual investors, we make conscious decisions about the timing of cash flow and the amount of the cash flow: using money-weighted return makes more sense, right? ALSO WHAT THE ACTUAL FUCK IS ROBINHOOD USING?!?! What do these numbers mean? #personalfinance #investments
Robinhood just uses X (where you hover) / Y (value at time=0)
Charts become weird immediately after deposit/withdrawals. Refresh once?
Is that a known bug? Can you post this in Slack so we can look into it?
You can calculate your own returns by tracking your basis.
I just look at 1099 from tax filings.
Yes. Don’t put too much faith in it. Track your own cost basis
Because you’re trash at individual investing and time waited returns is a much more useful tool for benchmark comparison n
Should not I be made aware that I am, as you say, trash at individual investing? Using time-weighted returns artificially inflates ROI, lowering the loss or decrease in ROI. This looks pretty misleading.
Where is the money in that, my dear Meta friend?