Mmastodon BusinessPersonal Finance first seen 1 d ago, last 1 d ago, peak #3

Turbobulls adds maximum drawdown tracking for net worth

Original: Turbobulls measures maximum drawdown on your whole net worth, from a previous peak to a later low. The honest side effec

Turbobulls now measures maximum drawdown across a user's entire net worth, tracking the fall from a previous peak to a later low. The company notes an honest side effect: large purchases paid from savings reduce net worth and can appear as a drawdown. The feature is available under Portfolio's advanced analytics on Investing Pro and Turbo plans.

Why now: The new analytics feature is being discussed because it changes how investors interpret drops in their net worth.

TurbobullsInvesting Pro

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Evidence

• Turbobulls measures maximum drawdown on your whole net worth, from a previous peak to a later low. The honest side effect: a big purchase paid from your savings lowers your net worth too, so it can show up as a drop. Portfolio > Advanced analytics, on Investing Pro and Turbo… · turbobulls · 1

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