| Description |
NEW!! Fully functional online version - RORICX for web: no need to install, download, upgrade... all you need is a browser... Please visit www.my-ror.com, the home of new addition to the RORICX family. Available as of Dec.15, 2009
RORICX for iPhone - Rate of Return Calculator for iPhone
Version 1.0
Copyright © 2009, Lapides Software Development, Inc.
Rate of Return Calculator is essential tool for any investor.
Simple, robust down to earth solution that allows any investor to see the historical rate of return of any portfolio.
It seems that the best kept secret in the industry is a quantative measure, the number that will answer the question - "what is the result of my investment?" They will tell you instantly what was the performance of the market last 10 or 30 years, but is this an answer you are really interested in? Isn't it more useful to know the results of your investment instead of market trends? Try to find this number from your financial institution. Even if they give you a number, wouldn't it be nice to verify it?
Does your financial institution tell you the truth?
Which portfolio is doing better and which trails behind?
Are you sure that the rate that is given to you by a third party is calculated properly?
Perhaps you wanted to verify it but never knew how, and are a little bit afraid of the math behind it?
What is the performance of all your portfolios - retirement account, investment account, joint account with your spouse, savings account, foreign currency accounts, rental property, even your own primary house, etc?
What was the RoR for your portfolio during the first quarter, the second quarter, last year, last calendar year, five years ago?
Now you can answer all those questions in seconds.
And remember, investing without measuring the Rate of Return is like driving in a speed zone without looking at the speedometer.
