How to determine % gain/loss of stock
In trying to figure out how my 401K has done this year I am looking at the starting and ending numbers for 2004. How do I determine what percentage gain that is? I did find a great website to determine the % but I am not sure which number I should be using, the Dec 03 figure or the Dec 04 figure? example:
Dec 2003 balance was 20,000, Dec 04 balance was 22,333. I know the difference is + 2,333. Which number do I plug in to determine what percentage 2,333 is of ?
I'll pass on something wonderful - I downloaded Googles Toolbar a while back. I just now plugged in "determine percentages" or somthing similar and up popped this great site http://www.sun-sentinel.com/business/sfla-calc-percentages.htmlstory