[Signalman]

Yesterday I had 5 dollars in my wallet. Then, today, a friend gave me the 10 bucks he owed me. I increased my wealth by 200%!!

[cgbg]

Percentages are fun.

I just heard some “financial expert” say that stocks went down 18% last year and are up 18% this year so folks are even.

Of course it does not work that way.

Simple example:

You have $100 and the market goes down 20% (to keep the calculation easy).

Now you have $80.

Then the market went up 20%.

Now you have $96.

Lol.