Thanks for the replies. This is gonna be hard to explain just by typing...so if I want to calculate inflation say from 10 years ago until present, how do previous years factor in
Or do they
It's the same question I run into when looking at other mutual funds. For example a fund NOW is outperforming the S&P, BUT that's only true if (and only if) I put money in let's say 10 years ago. If you change the timeline, say to 1, 3, 5 year(s), the performances changes, it might be lower. I might be asking 2 separate questions here but I guess the way I see it is that past inflation is also factored in to current inflation, correct
This would be so much easier if I could sit down with someone and fool around on Morningstar for a while.
I hope I'm explaining my questions clearly enough.