myICLUB Blog

Investment clubs using our myICLUB.com website can access a report that  details the performance of stocks after they have been sold. The Sold Securities Report, available to all club members in the Reports section of your club website, gives you some insight into whether or not a sale decision was the right move for your portfolio.

The Sold Securities Report lists all stocks that a club has ever sold, and then calculates the returns of those stocks starting on the sale date and going all the way to the current date. In addition, we compare the Compound Annual Return for the company to the overall market as measured by the Vanguard 500 Index Fund (the S&P 500) and the Vanguard Total Market Index Fund (the Wilshire 5000).

To use the report, compare the CAR for the security to the two market indexes. If the stock's return is higher than the return of the market, then selling the stock might not have been the best decision. If the market performed better than the stock, then selling may have been a good choice.

Of course, there are lots of reasons that you might decide to sell a stock, and this report would not reflect those considerations. In addition, since the return figures are annualized results may be skewed for short holding periods and/or wide price swings, so take that into account when reviewing results.

This is just another way that myICLUB aims to help clubs to become better investors.