mcmc

So this isn't a pneumonic in a sense but those of us who constantly flub the Return requirement calc, I think of TIT(s) (tee hee hee... I said a dirty word!)

Taxes - are you incorporating taxes in all the numbers? Are they all pre or after tax? Have you taken away the taxes or alternatively given tax breaks where they are due?

Inflation - are some of those expenses/inflows subject to inflation? Are you adjusting it right either inflating or (perhaps in a rare case) de-inflating it? Which leads us to...

Time - are the balances, inflows and outflows in the right time? Are you using this years income for next years return needs (in which case adjust)? Are you accounting for changes through time for the portfolio? Are there returns on the portfolio that you havent thought of?

TIT...