erm.....
this is agreeable ONLY when Curr value has alwys been accounted for dividends rec'd and then less of divs wdrawn
and then to use to Total Returns to compute simple profit %
Tot returns is ALL returns gained without minus ALL the dividends opted out/wdrawn hor (total returns keep adding the Returns ignoring your "returns"/divdends wdrawn)
Only such a "concept"/thinking can balance it out
if this part is NOT clearly highlighted, the formula is NEVER gonna be correct!
which is why i kept emphasizing dont ans in parts, if u really wannna explain it pls explain in wholesale/full pict (so long there is a missing puzzle, we couldnt understand)
Huh simple returns use current value as base? Not Net deposit?
Ok based on what I to conclude in whole ,
Total returns = current value - net deposit
Current cost = net deposit + div paid out
If you received dividend, your cost remains the same right. That's what you guys want. But the net deposit has to reduce.
Hence, Total returns = current value - current cost + div paid out.
I will close my case here.
I don't like all these weighted and time weighted returns in %. It doesn't show what is important that me. I ever have -ve portfolio absolute returns, and positive weighted returns (forgot its money or time weighted). All I want to know if my portfolio current value is now worth more than the funds i put in. If portfolioshould try calculating with money weighted return or time weighted return. Absolute return may not account for compounding effects properly and/or changing portfolio size for those who keep withdrawing. I suggest using TWR. MWR not easy to calculate
thanks to everyone who shared their views here. enjoyed reading your POVs and gaining some knowledge. Decided to dip my toes in syfe reit+ (100%) and SA (regular income 22%) using $250/mth DCA.
Would anyone care to share their referral codes with me for both apps? TIA
thanks for referral. Used both.
No I thought Net deposits = total own for funds deposit/withdrawn + dividends withdrawn or deposit.
Assume total own funds deposited/withdrawn = 100, Current value doesn't fluctuate, ideal shd be like this:
No dividend:
Total returns = 0
Current Value = 100
Net deposit = 100
Dividends $5 received, not withdrawn:
Total returns = 5
Current Value = 105
Net deposit = 105
Dividends $5 received and withdrawn:
Total returns = 0
Current Value = 100
Net deposit = 100
So that at all times the cash is tracked on both sides of the equation.
Different forms of returns can be shown via other tabs/ links, should not mess with the dashboard value which should function like a current balance sheet ie. A snapshot at current point in time.
Once net deposits reaches zero, further dividends will result in negative value? Would be quite weird to see -ve deposits?
I don't like all these weighted and time weighted returns in %. It doesn't show what is important that me. I ever have -ve portfolio absolute returns, and positive weighted returns (forgot its money or time weighted). All I want to know if my portfolio current value is now worth more than the funds i put in. If portfolio
value is worth less, doesn't matter the weighted returns are positive %. Cos of I sell everything I get back less money, consoling myself I have positive % weighted returns is like lying to myself.
i get your point! I know your point! SOrry but may i asked do u buy stocks or ETFs on your own (diy) just to hve a rough knowledge
I know professional tend to use Time-wt returns...but but they have to come out with something ie more simple for Laymen too !!!!
for the final summary that the who closed his case, it looks that his definition is NOT wrong, still he has to clearly define each item carefully, if not no1 wil ever understand what is eg "Cost"
i called that "principal" rather than costs
Let me teach u a way to Understand (in order to under your app) how Stashaway define their "Net deposits"
- u have to keep telling yourself:
net deposits: is All $/cash that crosses the line of your bank account!!!!!!!!
eg u DcA/RSP $50 or u lumpsum 1K into your robo that amt crosses from bank into the RObo, ie Net deposits! (to them)
if u suddenly needed S$300 in urgent need, u wdraw $300 from ur robo & it crosses into ur bank ie Minus deposit
if u opted out dividends, hence divs crosses (wdrawn) from ur robo into your bank , that will impact your NEt deposit too
(So long u think w this perspective u will be "Psycho" into their definition)
So what if Your robo has gotten some dividends rec'd? So long that div recd doesnt crosses your bank account at all, then too bad, that will NOt have any impact to + your net Deposit at all
the impact of the blood dividends will only be added to your that figure : Total Returns (shown in App)
Ref:
https://forums.hardwarezone.com.sg/131949151-post825.html
Hi, I kinda get what both of you mean. I am experiencing the same thing with my Syfe REITS+. They deducted the dividend payout amount from the "amount deposited". Also deducted that same amount from the "portfolio value". Made me rather confused. I always thought the amount I deposited in would be recorded as a fixed value, while the portfolio value is the one that fluctuates up and down depending on the market, and dividends will be like an "extra" payout (I didn't opt for them to be reinvested).
i spotted another mistake on app, i noticed tht my total return is less of that dividend amount (wdrawn)Hi, I kinda get what both of you mean. I am experiencing the same thing with my Syfe REITS+. They deducted the dividend payout amount from the "amount deposited". Also deducted that same amount from the "portfolio value". Made me rather confused. I always thought the amount I deposited in would be recorded as a fixed value, while the portfolio value is the one that fluctuates up and down depending on the market, and dividends will be like an "extra" payout (I didn't opt for them to be reinvested).
Anyone with uobam? Googled but can't find thread on it. Any reviews?
Posted from PCWX using 阻ç¢*梦想的ä¸*是现实 而是ä¸*去实现
if u r ref to UOB robo, i think can click on UOB bank app
UOBam is UOB AM :
https://www.uobam.com.sg/index.page
KAYhian is UOB kh (they handles diff matters)
is this the one? digital advisor?
https://www.uobam.com.sg/uobaminvest...ual/index.html
https://seedly.sg/questions/hi-has-a...-your-thoughts