In this episode of Saturday Morning Muse, Andy delves into the basics of investment returns, emphasizing the importance of understanding different types of returns such as nominal, real, holding period, and total returns. The discussion also touches on the historical development of return calculations and the significance of the compound annual growth rate (CAGR) in comparing investments over time. Andy encourages listeners to be informed and critical of marketing materials that may present misleading return figures.
#financialliteracy #investmentreturns #interestrates #personalfinance
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