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Saturday, 30 June 2007 |
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Well thats another financial year gone and it's been two months since I started trading shares. I've been keeping a trading log in an Excel spreadsheet that I've built up as I've gone along. Excel is cool because it can create charts of the figures really easily. Below is the chart of my progress to date. The actual figures aren't that important (well they are to me!), but the graph tells a pretty picture. The blue "Share Value" line is the actual value of shares held plus cash left from my initial stake. The purple "6.8% Cash" line is where I would be at if I had left my initial stake in the bank. The spotty "Linear" line is just a trend line for the share value. As you can see I've been a lot better off taking that money out of the bank and putting it into shares. Unfortunately it doesn't tell the full story as there will be capital gains tax, but then I would have paid tax on bank interest as well.
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