I have 2 questions I'd like to pose to investors or interested investors that I'd really like feedback on.
1) I still don't feel great about how I'm calculating profit. For most of the time I've ran LQD, I've calculated profit strictly off of the trade profit numbers. Regardless of the difference in fund value, I used those numbers to pay dividends. The obvious problem with that, is it's not always reflective of the fund's profitability. I recently changed this to calculate strictly off of fund value. At month's end, I lock down the live balance totals, pay dividend and then continue into next month. The problem with this is, that it doesn't really count profit for the month because it has to overcome the subtraction of the previous month's. Finally, what I think I'd like to do is continue what I'm doing, except subtract dividends before calculating current month's profits.
2) The current summary sheet that I've been using is too complicated for the average interested investors. What can I do to explain LQD's profits in a way that's easier to understand? Should I use a graph/bar chart? If so, what should I use for x/y axis? If you're reading this and are just finding out that LQD is a trading fund, what numbers would you like to see to help you decide whether you want to invest?
Thanks everyone. All questions/comments are appreciated.
LibertyNow