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"broke even" = 0% ROI (meaning there was no return on the investment) In fact, breaking even after a year is losing money because of inflation. If they had pu
by smt88 6y ago
"broke even" = 0% ROI (meaning there was no return on the investment)
In fact, breaking even after a year is losing money because of inflation.
If they had put the same money in an index fund, they'd have made 10% at least.
- chucksta 5y agoFair point. I should have said pay back period, I had the term confused