Picksologic
Picksologic OP t1_j6e8451 wrote
Reply to comment by Jolly-Feed-4551 in [OC] Comparison of Lump Sum vs. Dollar Cost Average investing in TSLA (Tesla) stock. by Picksologic
The discrepancy in the start amount is me trying to learn formulas as well as graphing.. It should be $15,100. The total DCA investment is also $15,100, with the investment on the first of the month. I mistakenly assumed that having the x axis dates on the first of the month was sufficient, but will keep that in mind for the next time.
Picksologic OP t1_j6dorna wrote
Reply to comment by Sheamus_1852 in [OC] Comparison of Lump Sum vs. Dollar Cost Average investing in TSLA (Tesla) stock. by Picksologic
The chart is skewed due to ignorance, not intention. I'm not advocating for DCA, just learning how to make graphs in Excel and picked two metrics which in this case are not appropriate. In any case the feedback I'm getting is really helpful. I think I will try charting a mature company as you suggested although it might be hard to pick a random start point.
Picksologic OP t1_j6d67aq wrote
Reply to comment by tuctrohs in [OC] Comparison of Lump Sum vs. Dollar Cost Average investing in TSLA (Tesla) stock. by Picksologic
Ok I gotcha. I'm a little slow on the uptake since I'm just getting into this. I'm now trying to figure out the best way to get the annual averages in my chart. Anyway, thanks for all the guidance.
Picksologic OP t1_j6d3lgd wrote
Reply to comment by tuctrohs in [OC] Comparison of Lump Sum vs. Dollar Cost Average investing in TSLA (Tesla) stock. by Picksologic
I just looked up Value Averaging and it suggests investing more when the stock is going down and less when it's going up. I'm curious about your approach.
Picksologic OP t1_j6csvt0 wrote
Reply to comment by tuctrohs in [OC] Comparison of Lump Sum vs. Dollar Cost Average investing in TSLA (Tesla) stock. by Picksologic
I may try to chart your suggestion. Since I'm new at this, I was trying to figure out how DCA affects your investment, but as others wrote, if the stock only goes up LS will win every time. I just learned what is obvious to more experienced people. Edit:. Is there a real world way to make a fair comparison? Your method only works in hindsight.
Picksologic OP t1_j6cq5j7 wrote
Reply to comment by [deleted] in [OC] Comparison of Lump Sum vs. Dollar Cost Average investing in TSLA (Tesla) stock. by Picksologic
Newbie here. Can you explain?
Picksologic OP t1_j6co9mv wrote
Reply to [OC] Comparison of Lump Sum vs. Dollar Cost Average investing in TSLA (Tesla) stock. by Picksologic
Made with Excel
The previous post about Tesla stock got me thinking about the different possible investment strategies.
Picksologic t1_j4r7e05 wrote
Reply to comment by UsandoFXOS in [OC] Heavy Metal bands in Spanish-speaking countries · Jan'2023 by UsandoFXOS
Thanks for your compliments, but I am a beginner at making graphs and I learned a lot from making this. I used Excel. I was just lucky that the right side axis label works for both the population in millions and the number of bands.
Picksologic t1_j4pfoca wrote
Reply to comment by UsandoFXOS in [OC] Heavy Metal bands in Spanish-speaking countries · Jan'2023 by UsandoFXOS
I was very interested in your chart because it gave me a chance to think about how I would present it based on some of the feedback you got. Here is my version presented according to the three parameters.
Edit: when I looked up the data I came up with slightly different numbers than you.
Picksologic t1_j4aq1bd wrote
Reply to comment by UsandoFXOS in [OC] Heavy Metal bands in Spanish-speaking countries · Jan'2023 by UsandoFXOS
I would like to see the graph as two colored columns next to each other. It would make it easier to understand. I would also add a legend to make it even clearer. I am just starting to learn how to use Excel graphing function so I can't demonstrate it.
Picksologic t1_j7fkelh wrote
Reply to comment by PixieBaronicsi in [OC] Nuclear energy production from 1965 to 2021 in US, UK, France, Germany, and Japan by highcharts
I've been reading up on charts and visualizations, and there is a school of thought which discourages the use of pie charts for being hard to read and understand. I think this demonstrates many of the points made.