JustCurious
Thinks s/he gets paid by the post
- Joined
- Sep 20, 2006
- Messages
- 1,396
Cut-Throat said:No! - A.P.R. is the benchmark! - Whether you are talking about 1 month, 6 months, 1 year or 10 years!
It's all fiction - It's an average - And that is what it is supposed to be!
Annualized returns only have meaning for historical returns over periods greater than one year. They serve to create apples to apples comparisons. However, they have little or no meaning when you take one month and try to extrapolate an entire year.