Many investors compare their personal returns to other investors or popular benchmarks like the S&P 500. But did you know that you may not be comparing apples to apples? The methodology used to compute the rate of return for a personal portfolio is not the same as the one used to track the performance of an index. If you're making such comparisons you need to understand the difference between a money weighted rate of return and a time weighted rate of return. I hope you enjoy the content!

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https://youtu.be/rd6ZyI-23-k

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Disclaimer: This is intended for entertainment purposes only and should not be taken as investment advice.