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Why Traditional Planning Fails 2 - Average vs. Actual ROR
We hear over and over again from financial institutions and even the cable gurus about the "Average Rate of Return". This mysterious number is used to determine long-term market performance and our own portfolio's success; however, the average means NOTHING! What matters is the ACTUAL Rate of Return.
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By ClarityWSWe hear over and over again from financial institutions and even the cable gurus about the "Average Rate of Return". This mysterious number is used to determine long-term market performance and our own portfolio's success; however, the average means NOTHING! What matters is the ACTUAL Rate of Return.