Maximum drawdownis an important trading statistic to track in your backtesting and live trading. In backtesting, it shows you the downside risk of a strategy. Tracking max drawdown in live trading helps you understand when your strategy might not be working as expected or you might be in a ...
Drawdown 1 would have interest charged for 60 months Drawdown 2 would have interest charged for 48 months Drawdown 3 would have interest charged for 36 months Drawdown 4 would have interest charged for 24 months
Dividend stocks can be a useful vehicle tobuild an income stream, either to supplement your salary or to fund retirement expenses. But using stocks to build an income stream in taxable accounts will create a taxable event (the dividend income taxed). To eliminate the burden of taxation, invest...
Bill Perkins’ net worth is much higher, but in qualitative terms, I can still relate to his life story. Why work into my 60s to build an even larger nest egg
To maximise my ISA/SIPP tax incentives, I need to ‘max out’ my contributions. My SIPP is already on track to hit the Lifetime Allowance, so this doesn’t really alter my calculations so far. But ISAs have a £20k annual contribution allowance, on a ‘use it or lose it’ basis....