Have you ever learned a new word, then for some strange reason you feel like you see and hear it everywhere?
It’s not just you. It’s actually called frequency illusion, or the Baader-Meinhof phenomenon. It’s another trick your mind plays on you (sucker), to pull you away from rational thought. It’s also the wrong ROI you keep reading about.
ROI = (Gain from Investment – Cost of Investment) ÷ Cost of Investment
It’s a financial evaluation strategy that helps determine the best way to make money, relative to other investment strategies. In other words, it helps an investor decide the best way to get the most out of their money when the only goal is to make money. [Read more…]