Return on investment in $$

[lawrence101]

HI folks just joined . I was calculating my ROI and i would appreciate if any could just check my calculatin. Initial investment = $46K , NR = $ ? , RIO=116.63% , costs ~12.8K . Im getting a net return of : 99.6K - 12.8 = 86.8K is this correct ? The brokerage is posting a gain of 78K , why ?

 

[blamocur]

HI folks just joined . I was calculating my ROI and i would appreciate if any could just check my calculatin. Initial investment = $46K , NR = $ ? , RIO=116.63% , costs ~12.8K . Im getting a net return of : 99.6K - 12.8 = 86.8K is this correct ? The brokerage is posting a gain of 78K , why ?

What's RIO? I found Radar Interception Officer and Rehabilitation Institute of Oregon, but neither seems applicable.

 

[BigBeachBanana]

What's RIO? I found Radar Interception Officer and Rehabilitation Institute of Oregon, but neither seems applicable.

It's probably ROI, return on investment as per the thread title.

 

[lawrence101]

It's probably ROI, return on investment as per the thread title.

Yes its ROI, just a typo.

 

[Deleted member 4993]

Yes its ROI, just a typo.

Please review your post before hitting the "post reply" button.

It will expedite response.

 

[BigBeachBanana]

Yes its ROI, just a typo.

I agree with your calculation, however, there might be additional fees, dividends, and/or interests you haven't considered. It's best if you just ask them to break it down for you.