Account Update
| Stats | 10/15 | 10/29 | 11/09 | 11/17 |
|---|---|---|---|---|
| Owned Shares | 665 | 665 | 702 | 702 |
| Delegated Shares | 450 | 450 | 500 | 500 |
| Owned Steem Power | x | 730 | 779.5 | 788.5 |
| Delegated Steem Power | x | 902* | 1256* ** | 1256* ** |
| Share Value | 1.11 | 1.127 | 1.138 | 1.154 |
- is a wash of a 50sp delegation from
which was given so we can then delegate 50sp to
. This has been a nice bonus for the account and helps us grow the account value.
** is a 250sp delegation in the name of dStors that isn't for shares, but rather just to help the account grow. This delegation is giving all shareholders a boost in their votes and a huge help. More about this will be posted in a couple days.
The increase in shares is due to the share sale we had last week.
Growth Rate
The 1.6c growth over the last 9 days is equal to a 64.8% annualized growth rate. This was a large increase over past growth and largely due to one nice vote on our last account update. We can't expect this vote each week, but it was a nice boost. The other factor is the 250sp delegation from dstors as this allows for increased curation profits on each vote.
Don't forget that this return on your steem doesn't even count the votes you are getting. Plus the benefit we are able to give to the minnows is huge with growth like this. Our vote will continue to grow and we will be able to speed up the growth of redfish.
Past results don't always equate to future performance
Now part of our success has been thanks to upvotes from those who own shares in this account. Some people have also purchased SBI shares to boost the post earnings even further. All of this adds up, but without your support future growth can quickly come to a crawl if we are only earning from curation.
So keep up the great support and watch this account grow at an amazing pace returning solid upvotes to owners and our supported redfish alike.