The biggest investing scam used by the financial services industry to rip you off is annual rate of return. They use this metric because it makes it seem like, if you invest in the stock market, you'll make a lot more money. It's completely false. And it's why so many elderly people who've been investing their whole lives are now working a Walmart.
When you're investing using an average rate of return, instead of the proper metric (discussed in video) the difference in your expected returns from investing is HUGE! If you ever plan on retiring this maybe one of the most important investing videos you'll ever watch.
I discuss the following:
1. How investing AAR is calculated.
2. How investing CAGR is calculated and why theres a massive difference.
3. A real world investing example so you can know how to not be scammed in the future.
For more content that'll help you build wealth and thrive in a world of out of control central banks and big governments check out the videos below!
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#Investing #IndustrySecrets #RipYouOff
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