>>That doesn't seem fair. Is that necessary?<<
Yup, because everyone else, even late entrants, is using prices from that date. From the subject of the thread:
>>- In the portfolio, for each security:
Company name
Symbol (if not quoted on SI, eg foreign, provide symbol and link to definitive quote e.g. UK:PRM www.ft.com)
Number of shares (fractional shares eg. 12.003 OK)
Price of last trade 31 Dec 2001
Cost basis (=shares x price)<<
>>"Insider trading"
We're pretty relaxed about getting the entries in. Some time by mid-January is OK. Everyone gets the benefit/penalty of year end closing prices for valuation. If you procrastinate and one of your stocks has a big jump perhaps it is better left to the "comments section". <<
If you genuinely tried to get your entry in before, say, Elan had its run, then it's probably OK. Michael is the final arbiter, of course. When I put mine in, AMEV was just starting its run, was already up YTD about 20%. I think others may also have benefited from that (It's already given a lot back, anyhow). So I think it would unfair if you didn't -- to yourself.
Cheers, Tuck |
