93% all time return in 5 years and 3 months but annual return showing 13%? Someone explain…
Compounded returns… Not cumulative.
Yup. If you don’t wanna do the mathin yourself, use an online calculator like this one:
I put in $50,000 to start and 5.25 year horizon and 13% interest rate compounded and get around $44-49,000, depending on how it is compounded (annually, quarterly, etc). Unsure exactly how C2 does it, but it certainly seems within ballpark maths.
The other ballpark to use in your head is the Rule of 72, where you take 72 divided by the interest rate to see approximately how many years it will take to double your moneys. Here that’s: 72/13 = 5.5, which is right inline with what you’ve got.
Happy mathin to you!
Well done sir! I love math.
Ahh got it! I’m used to looking at cumulative returns.
Sorry, I need to do more reading… Not mathin. My mistake.