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Sep 5, 2014
The Simple Way To Calculate Annualized Rates Of Return The XIRR Function
As a conscientious DIY investor, I feel obligated to measure my own performance. Even with the excellent resources available through my online discount broker, however, this is easier said than done. Annualized rates of return for individual accounts are readily available but with RRSPs, TFSAs, RESPs, unregistered accounts, etc., it was a daunting task to evaluate overall performance . . until now.
The XIRR function found in...