Here is how these numbers were derived:
STOCK CURRENT VALUE*
CQB $1,243.75
SPYG $1,481.25
SOC $687.50
OTEXF $1,487.50
OGPS $406.25
QUAL $400.00
LCOS $6,500.00
RGR $1,368.75
RAL $3,000.00
XCIT $3,500.00
NRD $1,125.00
HORT $775.00
VRDE $80.00
*November 7, 1998; stocks with outstanding call options
were valued at the lessor of the strike price or market
value. Click here to see the
raw guts.
INCOME
$1,137.50 LYCOS CALL
$236.76 ARCO CAPITAL GAINS
$200.00 RAL CALL
$275.00 ARCO CALL
$256.25 EXCITE CALL
$20.00 RGR DIVIDEND
$12.00 BW DIVIDEND
$25.00 BW CAPITAL GAINS
$2,137.51 SUBTOTAL OF INCOME
($43.75) balance of funds not reinvested
$2,093.76 CASH ON-HAND AND DIVIDENDS PAID
plus (+)
$22,055.00 PORTFOLIO VALUE (sum of the above
stock values)
equals (=)
$24,148.76 LYONVEST ACCUMULATED WORTH
$21,595.00 INITIAL FUNDING
11.8% APPROXIMATE 90 DAY RETURN ON OUR INVESTMENT
47.2% ANNUALIZED RETURN ASSUMING NO COMPOUNDING
($705.38 ESTIMATED TAXES DUE)
Please check my math, and let me know?
(editor's note: thank you. your email showed us that the a.p.r. is really in excess of 49%)