You might notice that right under Portfolio Value on the "Invest" page, there are a few smaller numbers in either red or green.
This is your return during the time period shown on the graph.
๐ก Return = potential profit and or losses of your whole portfolio ๐
This basically adds up the potential profits and losses of all of your individual stocks and ETFs into one number!
So above your "1 Day" graph, the return shows how much you're up or down today, and on the "1 Week" graph it shows your performance over the past week, etc.
๐ก if the market is closed, "todayโs return" will show the last trading day's return ๐ซ
Return is "potential" profits and losses because it only becomes "real" profits and losses when you actually sell your stocks ๐ข
So don't start celebrating just because your return is green -- your stocks could still go back down! ๐
Under the graph, you'll see a section labeled "Total Return".
Can you guess what that might mean? ๐ค
Total Return is how much your portfolio is up or down all-time -- since you started using Bloom ๐ค
In general you want this number to increase over time, because that means you're growing your wealth! ๐ฅณ
Below the Total Return section, you can find Buying Power.
๐กBuying Power is the money you have available to buy stocks
When you sell a stock and receive cash, the funds go into your buying power ๐ฅณ
And, if you receive cash dividends from your stocks, they also show up in your buying power!