Investing
Ledger · 2 articles
Investing
Reading Investment Returns: CAGR, Fees and the Trap in 'Average' Returns
A fund that gained 50% then lost 50% did not return 0%. How compounding, inflation and fees turn a headline number into the return you actually keep.
Investing
Index Funds and Dollar-Cost Averaging: What They Do — and Don't Do
Index funds remove the stock-picking problem and leave the cost problem. Dollar-cost averaging removes the timing problem and does nothing for your expected return.