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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Skeeter Bug who wrote (96806)	7/21/2002 4:54:28 PM
From: benwood	Respond to of 132070

Skeets, I can't account for what BGR is doing, but I have used MS Excel to compute IRR before, which is the number I really want to go by and the one that BGR implies he's using. When I did it, I had to follow some online help stuff to get it to compute correctly -- it would be easy to mess up the computation. Quicken 2001 can do IRR automatically, except it cracks when there are employer matching funds. Hard to believe they have had so many versions and still screw that up (my old Managing Your Money by Tobias did it correctly WAY back in 1990). Actually, Quicken can crack in it's IRR even from transfers into the account, and other reasons that I've never figured out. Some of my accounts get IRR computed accurately, though.