Think of it like it's The Hamburger Index. A burger, fries, and shake in the heart of Silicon Valley: like 28 bucks. The same thing in South O'Fallon, Missouri? About 6 bucks. Of course, they grow the cows in the back, so...that helps.
The goal of the COLI is to comp the cost of a day in each city or region of the country...and then the world. So when you get that enticing offer to become a secretary in Manhattan for 50 grand? Well, when you look at rents and taxes, you'll think twice.
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Finance: What Is a Real Return?67 Views
finance- a la shmoop. what is a real return? like is there a fake return? you
know like the news? well kinda .real return refers to an [man frowns talking to camera]
investment return mapped against inflation. so let's say you invest in a
bond that pays five percent a year for ten years and then pays you back your
principal .boring but nice- you know like a good doctor visit. your nominal return
over that period was 5% but since inflation was 3% a year during that
period on average your real return was only 2% a year- meaning that the
performance of your investment only eked out a 2% net gain against the price of [equation]
milk gas and you know knocked off iPhones. so don't be a chump who thinks
that they're making more money than they really are, and you know keep on keeping
it real. [man sitting in chair, talks to camera]
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