347 | How Did You Calculate That Return?
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How Do You Calculate Your Returns?
If you were to start out with a thousand dollars and make 100 % return the first year, and then the second year lose that same percentage of return, you would not be back to where you started. And depending on how you calculate your status, it will really make a big difference. By definition, any number that reduces by 100 % is back to zero. A percentage lost cost you more than a percentage gained the prior year,. If they were the same, all things being equal, yes. I think that's jonathan wo we're trying to highlight hairs, just so people are armed with that mental awareness.
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