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Show Notes
That informational brochure shows you an average that looks good.
Really good.
And you can't help but think: "If that's average, I'll get at least that. Probably even better."
But be careful!
Numbers don't lie, but they don't tell the whole story. Other factors (like commissions and taxes) can make actual returns lower.
Dramatically lower.
In today's podcast, I'll show you a few ways numbers can trick you if you aren't careful. And help you get a better view of what's really going on.
Listen now!
Show highlights include:
- Sneaky way a return's average can make you think you'll have more money than you really do. (1:53)
- The "thousand dollar" exercise: Eliminates confusion so you'll know what it really takes to recover from a loss. (2:18)
- 4 factors that chew up your returns, leaving you with crumbs to fend off inflation. (4:47)
- How the simplest approach to investing guarantees you below-average returns. (5:01)
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