If you assume the 3 - month Treasury bill as the risk - free rate then you can see a big change
in the returns over time.
«You get less volatility
in your returns over time.»
Ryan covered the changes
in returns over time in a post a couple of weeks ago: https://www.lendacademy.com/lending-club-prosper-data-10-years/
Not exact matches
Important factors that could cause actual results to differ materially from those reflected
in such forward - looking statements and that should be considered
in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the
timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases
in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest
in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions
in the industries and markets
in which we operate
in the U.S. and globally and any changes therein, including fluctuations
in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain
in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16)
returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both
in the U.S. and abroad; 20) the effect of changes
in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction
in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control
over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco
in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations
in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
In plain English, measuring the
return of a fund without any trading action
over time, versus the
return of a fund based on investor flows into and out of a fund
over time.
Through mid-March, MetaStable's flagship fund had
returned 539 %
over its short lifetime, including 86 %
in the first two - and - a-half months of 2017 (a
time period
in which the Bitcoin price was up almost 28 %).
According to thoroughbred publication The Blood - Horse,
in 2012 pinhookers» rate of
return (
over the
time they owned the horses) was 83 %, up from 72 % last year.
In this case index funds, with their objective diversification, minimal management fees, instantaneous liquidity and flat
returns over the last decade have trounced venture with its negative
returns, narrow diversification, high management fees and illiquidity
over the same
time period.
One of the most interesting things I found
in researching my book Mapping Innovation is that the firms that invested
in basic exploration eventually hit on something big, What's more, the massive
return on investment it generated paid for all of the failed projects many
times over.
Among the billionaires who posted subpar
returns are Ken Griffin, founder of Citadel, who pocketed $ 600 million despite making investors
in his main flagship funds just
over 5 %, according to the New York
Times.
«
Over time,» Krawcheck said, you will «have a
return on that money you put
in, and then you'll earn a
return on that
return, and then you'll earn a
return on that
return on that
return.»
In this way Google can use its large balance sheet to make these investments and make a decent
return on the money
over time.
And while NerdWallet emphasizes that past market performance doesn't guarantee you'll earn the average historical
return of 10 %
in the future, the value of investing
in stocks
over a long period of
time is still significant.
Over 4 percent of the recipients of the text came
in, and the company generated an 18 -
times return on the campaign's cost.
Only when they realized that Walmart turned
over its inventory six
times a year — therefore creating the selfsame 120 %
returns on capital invested
in inventory — did the skeptics realize how competitive Walmart could be.
How's this for a gripping corporate story line: Youthful founder gets booted from his company
in the 1980s,
returns in the 1990s, and
in the following decade survives two brushes with death, one securities - law scandal, an also - ran product lineup, and his own often unpleasant demeanor to become the dominant personality
in four distinct industries, a billionaire many
times over, and CEO of the most valuable company
in Silicon Valley.
«These homes are stores of value and they have proven
over time to have a positive
return without the kinds of volatility you get
in equity markets.»
In September 2016, the metric predicted a huge positive return over the next 12 months, a forecast that eventually came true and stood in contrast to the sentiment on Wall Street at the tim
In September 2016, the metric predicted a huge positive
return over the next 12 months, a forecast that eventually came true and stood
in contrast to the sentiment on Wall Street at the tim
in contrast to the sentiment on Wall Street at the
time.
A 10 -
times return over six years, a hypothetical holding period, means an investor rate of
return of 46 percent, although
returns are inherently diluted by other investments
in the portfolio.
Actual results, including with respect to our targets and prospects, could differ materially due to a number of factors, including the risk that we may not obtain sufficient orders to achieve our targeted revenues; price competition
in key markets; the risk that we or our channel partners are not able to develop and expand customer bases and accurately anticipate demand from end customers, which can result
in increased inventory and reduced orders as we experience wide fluctuations
in supply and demand; the risk that our commercial Lighting Products results will continue to suffer if new issues arise regarding issues related to product quality for this business; the risk that we may experience production difficulties that preclude us from shipping sufficient quantities to meet customer orders or that result
in higher production costs and lower margins; our ability to lower costs; the risk that our results will suffer if we are unable to balance fluctuations
in customer demand and capacity, including bringing on additional capacity on a timely basis to meet customer demand; the risk that longer manufacturing lead
times may cause customers to fulfill their orders with a competitor's products instead; the risk that the economic and political uncertainty caused by the proposed tariffs by the United States on Chinese goods, and any corresponding Chinese tariffs
in response, may negatively impact demand for our products; product mix; risks associated with the ramp - up of production of our new products, and our entry into new business channels different from those
in which we have historically operated; the risk that customers do not maintain their favorable perception of our brand and products, resulting
in lower demand for our products; the risk that our products fail to perform or fail to meet customer requirements or expectations, resulting
in significant additional costs, including costs associated with warranty
returns or the potential recall of our products; ongoing uncertainty
in global economic conditions, infrastructure development or customer demand that could negatively affect product demand, collectability of receivables and other related matters as consumers and businesses may defer purchases or payments, or default on payments; risks resulting from the concentration of our business among few customers, including the risk that customers may reduce or cancel orders or fail to honor purchase commitments; the risk that we are not able to enter into acceptable contractual arrangements with the significant customers of the acquired Infineon RF Power business or otherwise not fully realize anticipated benefits of the transaction; the risk that retail customers may alter promotional pricing, increase promotion of a competitor's products
over our products or reduce their inventory levels, all of which could negatively affect product demand; the risk that our investments may experience periods of significant stock price volatility causing us to recognize fair value losses on our investment; the risk posed by managing an increasingly complex supply chain that has the ability to supply a sufficient quantity of raw materials, subsystems and finished products with the required specifications and quality; the risk we may be required to record a significant charge to earnings if our goodwill or amortizable assets become impaired; risks relating to confidential information theft or misuse, including through cyber-attacks or cyber intrusion; our ability to complete development and commercialization of products under development, such as our pipeline of Wolfspeed products, improved LED chips, LED components, and LED lighting products risks related to our multi-year warranty periods for LED lighting products; risks associated with acquisitions, divestitures, joint ventures or investments generally; the rapid development of new technology and competing products that may impair demand or render our products obsolete; the potential lack of customer acceptance for our products; risks associated with ongoing litigation; and other factors discussed
in our filings with the Securities and Exchange Commission (SEC), including our report on Form 10 - K for the fiscal year ended June 25, 2017, and subsequent reports filed with the SEC.
With tax season finally
over (unless you asked for a tax extension), this is good
time to reflect on what you can do for next year
in order to make preparing your
returns a more pleasant experience.
According to the
Times, a BlackRock report «has calculated that if the financial transaction tax were set at 0.1 % per trade, an investor putting $ 10,000
in its global equity fund would lose more than $ 2,300
in expected
returns over a 10 - year period.
If its annual
returns are not
in the top half of all funds
in its category
over most, if not all, of those
time periods, this investment is a nonstarter.
If equities
in one part of the world are overvalued, diversification helps ensure that lower valuations
in other parts of the world help offset any potential risks and even out portfolio
returns over time.
This is nowhere more evident than
in returns on retirement saving, which are subject to wide ranges of annual variability and cumulative variability
over various
time horizons.30 This central aspect of reality does not come to the fore
in deterministic modelling.
Assuming he earned an 8 %
return annually by investing
in a low cost index fund or other forms of passive income, which is a modest assumption
over a long period of
time, his new car purchase would have cost him
over $ 240,000 (see table below).
In fact,
over the past 35 years, the market has experienced an average drop of 14 % from high to low during each calendar year, but still had a positive annual
return more than 80 % of the
time.
For participants
in the IBM Stock Fund investment alternative under the IBM 401 (k) Plus Plan: In order to have the Trustee vote your shares as you direct, you must timely furnish your voting instructions over the Internet or by telephone by 12:01 a.m. EDT on April 25, 2016, or otherwise ensure that your card is signed, returned and received by such time and dat
in the IBM Stock Fund investment alternative under the IBM 401 (k) Plus Plan:
In order to have the Trustee vote your shares as you direct, you must timely furnish your voting instructions over the Internet or by telephone by 12:01 a.m. EDT on April 25, 2016, or otherwise ensure that your card is signed, returned and received by such time and dat
In order to have the Trustee vote your shares as you direct, you must timely furnish your voting instructions
over the Internet or by telephone by 12:01 a.m. EDT on April 25, 2016, or otherwise ensure that your card is signed,
returned and received by such
time and date.
The point was to show how much variation
in performance there's been historically
over shorter
time frames compared with a much narrower range
in long - term
returns.
Loan or Debt Crowdfunding: Also known as peer - to - peer lending, individuals provide capital to businesses or individuals
in exchange for interest payments and
return of principal
over a defined
time period, similar to a mortgage or a car loan.
HCI believes farmland is a real
return asset class as it has historically been effective
in protecting capital from inflation while generating an attractive income stream that grows
over time.
The first is that active management is important for delivering above - market
returns in this environment; the ability and agility to alter a portfolio's asset allocation mix
over time can deliver significant benefits.
As usual, the performance of our stocks relative to the major indices tends to drive day - to - day fluctuations
in Fund value when we are hedged, but that differential has also been our primary source of
return over time.
We make significant investments
in acquiring new customers and believe that we will be able to achieve a positive
return on these investments by retaining customers and expanding the size of our deployments within our customer base
over time...
Even
in retirement, the potential
return from stocks
over time is more likely to outpace inflation when compared to the long - term
returns from cash or bonds, according to the Wells Fargo report.
In addition, the amount of the fund's income distributions will vary over time and the breakdown of returns between fund distributions and liquidation proceeds will not be predictable at the time of your investment, resulting in a gain or loss for tax purpose
In addition, the amount of the fund's income distributions will vary
over time and the breakdown of
returns between fund distributions and liquidation proceeds will not be predictable at the
time of your investment, resulting
in a gain or loss for tax purpose
in a gain or loss for tax purposes.
The key takeaway from this scenario is that an incremental investment of $ 80,000 while
in your 40s would add
over $ 200,000
in additional compounded
returns by retirement
time.
The key takeaway from this scenario is that an incremental investment of $ 60,000 while
in your 30s would add
over $ 300,000
in additional compounded
returns by retirement
time, resulting
in a total retirement fund of $ 2.0 million (flat out scenario) versus $ 1.6 million (ramp up scenario).
The
timing couldn't have been worse as stocks
in the U.S.
over the ensuing decade went on to deliver some of the worst
returns on record.
The point I'm trying to make... I will continue to make monthly buys at market highs and market lows as
over time it all averages out and being a dividend growth investor I'm looking to take advantage of
time in order to maximize my compounding
returns.
If current levels were to turn out,
in hindsight, to be the final lows of this decline, I suspect that the overall
return over the next cycle (by the
time we do observe a full 20 % loss) will be as tame as we've seen since the bull market started
in 2003.
In addition to EPS, there is total shareholder
return, which typically comprises a company's share price appreciation plus dividends
over time.
In the face of speculative noise, the long - term
returns from a proper discounting approach may not capture as much speculative
return as might be possible, but
over time, many of those speculative swings tend to wash out anyway.
Conversely, when the inclinations of investors shift from risk - aversion to speculation
in an undervalued market, extraordinary
returns can unfold
over a very short period of
time.
The real
returns paint a completely different picture as your purchasing power was slowly eroded
over time in bonds
in an inflationary environment.
Where members have agreed to convert onto the annual membership fee basis, their deposit has been converted into revenue
over time based on the fair value of the membership and driving credits they received
in return for their deposit.
If you didn't put that extra money toward the down payment, though, you might be able to get
returns above 4 % if you invested the money
in stocks and had the patience to let it grow
over time.
Over time some «norms» have emerged
in pricing based on investors risk /
return profile.
Everyone
in the industry has seen how investment fads wash
over the industry from
time to
time, only to wash out again as
returns begin to disappoint.»
In our view, the current market environment begs for investors to honestly assess their tolerance for loss, to align the duration of their investment portfolio with the horizon
over which they expect to spend their assets; to consider their tolerance for missing
returns should even this obscenely overvalued market continue to advance for a while; to understand historical precedents; to consider whether they care about such precedents; and to decide the extent to which they truly believe this
time is different.