3 ms·
Be careful drawing personal advice from economic aggregates. Aggregate yield on investment or labor has little to do with individual yield on investment or labo
by alexmingoia 7y ago
Be careful drawing personal advice from economic aggregates. Aggregate yield on investment or labor has little to do with individual yield on investment or labor. In other words, it doesn’t really matter what aggregate yields are only what your yields are. Often I’m not sure what the point of talking about aggregates is at all when it comes to labor. The gap between a software engineer salary and fast food worker salary is so huge I’m not sure I understand the meaning of analyzing the average aggregate yield of the two together.
- christophilus 7y agoI'd say that's true of salaries, but it seems that the investment portion of the analysis is still interesting, as the average investor will be pretty likely to land somewhere around the average return in the study.