Return on investment gives the investor the opportunity to evaluate the performance of an investment. An investor can compare ROI to others investments in his or her portfolio and see which one was the most profitable.
ROI in its most basic level is pretty straight forward. How much did you buy an asset for, how much did you sell it for, find the difference divided over the original and you get your ROI. This might sound very basic, but there are a lot of considerations, such as: Transaction cost, taxes, time, inflation. Another very important aspect is the opportunity cost. What would you have done with that money had you not made this investment?
Stock Portfolio performance 18/6/2021
Stock Portfolio performance 18/6/2021
Bitcoin breaks through $40,000. What’s moving the market?
Bitcoin is the world’s largest cryptocurrency by market capitalization and is now on rise again pushing over the $40,000 mark for the first time since late May. As you can imagine, the CEO of Tesla, Elon Musk has a lot to do with this price increase. Elon Musk, suggested over the weekend that the electric car manufacturer could start using the digital currency as payment once more just a few weeks after ruling it out because of its allegedly unsuitable energy usage involved in mining.
Stock Portfolio performance 11/6/2021
Stock Portfolio performance 11/6/2021
