IndexGain are posting fairly regular “live” updates to team of the month. As requested elsewhere, I’ll share them here for people that may not have IndexGain or Twitter accounts.
Huge caveat that I’m not a data guy and am only posting the good work of IndexGain, so please don’t hold it against me if the data is missing or inaccurate! 😀
As at 12th July
No. The product is continually evolving and improving for the better. Every significant change they have introduced over the last 3 years ( PB, IPD, Matching Engine) has improved the platform and increased its appeal.
If the rules had been fixed as they were 3 years ago as some posters seem to pushing for, I guarantee there wouldn’t be anything like the sums invested that there are today.
Every few months we have a bit of a dip or a stagnant market on FI. Every few months, as regular as clockwork, posts start appearing on the forum and on Twitter along the lines of “market is tanking!”, “panic!”, “the arse has fallen out of FI!”.
Can I just say the last week or so has been a refreshing change, with excellent pragmatism and positivity from almost everyone. I’ve even seen posts on Twitter of all places where people are saying “holding through this” or “buy the dip”.
All markets go in cycles, there are always down days before the up ones. FI is working exactly as a proper financial market should.
I genuinely hope this is the FI community growing up and not just a flash in the pan!
This is a big deal! I work with a lot of tech start-ups and entrepreneurs, and even getting on the list is a big badge of honour. FI coming second is a huge achievement. Adds massive credibility to the platform.
https://www.fasttrack.co.uk/league-tables/tech-track-100/league-table/
Two days into the season and we’ve seen Salah, Van Dijk, Sterling and Kane all win dividends.
For all the new members who joined in the summer and had some fun with transfer speculation and youth prospects... now we see what FI is really all about.
Good players win dividends and make for a good investment. Simple as that!
Had a productive work-from-home day today (aren’t they all), been shopping for some bargains - see ME thread - and spending a lot of time on my FI spreadsheet.
Realised Teji Savanier is now just a penny off returning his full purchase price to me in dividends! This is where my spreadsheet wins because I rightly include TOTM against the player who won it, rather than as generic “cash payment”!!
Tej should be the third inductee into my very exclusive club,
People say I got lucky buying players in the early days when they were cheap. Well guess what, you can too, as everyone’s cheap again now 😂
Add in that those returns have come from a vastly inferior dividend structure and that leaves me confident there will be a few more inductees into the 100% club this coming season.
Happy Friday everyone!
Very strange behaviour to mock others for potentially losing out financially on the Index. Not needed on the forum to be honest.
I’ve seen a few people to ask how to calculate an actual, annualised rate of return if they have made multiple deposits and/or withdrawals over a period of time.
It’s actually really simple using the XIRR function on Excel. An IRR (Internal Rate of Return) calculates an annual return using a series of dates and values so is a great indicator of what your portfolio is really generating.
Hopefully the picture below is fairly self explanatory, but the key things to remember are:
In this example you can see the investor has deposited £4,000 and his portfolio is currently valued at £5700 plus £30 in cash. A simple ROI calculation would suggest a profit of 43% however that doesn’t take into account the fact that
A) The money has been drip fed in over a period of time
B) He’s been investing for a less than a year
The IRR calculation works out an annualised return of 156% - which is the more accurate figure to use if you’re going to start comparing returns with other savings and investments!
I’ve no idea if I’ve explained that well - shout if you have any questions.
As we have a lot of new members, thought it might be worth pointing a little known rule about PB day categorisation (well, it took me about 6 months to realise it anyway).
Every round of European games from the QF onwards in both the Europa and the Champions League is categorised as a GOLD day, even though there will be just one or two matches taking place that day. With the new dividend payouts that means you have a much higher chance than normal of taking home the whopper 8p + 8p dividends.
I’m already loading up on European PB players who I expect to progress in the two competitions. I expect the money to start heading in that direction soon as others follow suit.
The dates of the Gold days will be as follows:
7, 8, 9 April - QF 1st legs (2 matches per day)
14, 15, 16 April - QF 2nd legs (2 matches per day)
28, 29, 30 April - SF 1st leg (1 match per day)
5, 6, 7 May - SF 2nd leg (1 match per day)
27 May - Europa final (1 match)
30 May - CL Final (1 match)
One word of warning, the downside of this structure is that you can see big drops when teams get unexpectedly knocked out. This is especially true of the last 16 as the losing teams have no shot at the monster gold days.
It’s against FI’s responsible gambling policies, so if anyone does they should think carefully before answering that one honestly on a public forum!
When FI was media only (2017) I know Steph Houghton got voted into the top 200, but didn’t last there very long. Certainly didn’t win any dividends.
And if that sentence doesn’t tell you how far FI has come in three years, I don’t know what will!
Well someone had to bump it
What have I missed? Seems strange that two valuable forum contributors in @MickTurbo and @Advinculas-Index would decide to leave on the same weekend.
I for one hope you both stick around - I still enjoy the forum and you both make this a good place to be.
@Three-lions the FOOTIE is the total cost of the top 100 players - based on the mid-price, ie halfway between the sell and buy prices shown. The 301 is today’s figure - so it would cost £301 to buy a share in each of the top 100 at the current mid price.
A rising FOOTIE suggests sentiment is good and player prices are rising.
It’s up £5.76 today and you’re correct this is the first increase in quite some time! Mainly because of the rises we saw in Sancho, Bruno et al yesterday morning.
I was thinking exactly the same as @Baydog when reading your thread. You seem to think dividends can only be won in the first 30 days which is fundamentally wrong. You’ve also asked us to give opinions without naming a single player in your portfolio. Could you perhaps give us a list, or a screenshot, of who you own?
@Yellow “fastest player in the Premier League” 😂
Cheers, thought I was on top of the rules but had no idea these would be PB eligible. Could be some random old dividend winners on Thursday!
I bailed when he started getting linked with various non PB clubs after he announced he was leaving Lorient. I’m sure he was heading to the MLS at one point! Good luck with the hold, his stats in Ligue 2 were excellent so hopefully he can reproduce that for Angers.
