Julia had tried to put some of her money that she had saved
during her school years in a mutual fund.
Unfortunately, the lady at PC Financial told her she could only transfer
money out of her chequing account not her savings account. That was wrong but Julia only put a little
money into the mutual fund.
We tried to get Julia to put more of her money into the
mutual fund but she never got around to it.
Finally, she phoned again and put more money in but she had lost all of
that time when the market was going well and now the market was not doing
anything.
Being optimistic that the market would improve, I wrote a
computer program for Julia to calculate her rate of return on her
investments. I sent it to her but since
then the market hasn’t improved. My
program is instead showing her at what rate she is losing money.
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