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> one-half of 1% per year What's the intent here? Why not say "0.5% annually"? And why do people say "one-half"? Is this typical of economics journalism? [
by ilitirit 17y ago
> one-half of 1% per year
What's the intent here? Why not say "0.5% annually"? And why do people say "one-half"? Is this typical of economics journalism?
[edit]
The whole sentence seems redundant anyway.
the average annual investment return from 1950-2000 was less than one-half of 1% per year
"annual investment return" implies "per year" and vice versa.
- pchristensen 17y agoThere are four numbers (1950, 2000, one-half, 1%) between annual and per year. Even though it's redundant, it makes it easier to read. A big part of Motley Fool's appeal is the accessibility of their writing and explanation.
- ilitirit 17y agoI'm not sure if they would have put it like that themselves though. They extracted the quote from USA Today.