Online Investing: Some Mechanical Problems with the IRR

Online Investing 81 300x300  Online Investing: Some Mechanical Problems with the IRRNow that you understand the basic logic of the IRR tool, you should know that the IRR, for all of its usefulness, isn’t flawless. Quicken (and every other investment record-keeper’s computer program) calculates a daily IRR and then multiplies this percentage by the number of days in a year to get an equivalent annual IRR. Continue reading