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Originally Posted by Yoho
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You know how annualized growth works, right? If you add 20% in year 1 but only 2% in years 2 and 3, you end with about 7.5% annualized growth. That's what happened with monetary growth in Canada. It was a big one-time jump, and then it has been significantly below normal since, which has dragged the annual rate down significantly.
If you bought a stock that went up 25% in a year and then was flat for 9 years, would you consider that unsustainable growth? Of course not, that's only a 2.3% CAGR.
And stop reading Better Dwelling. It's trash designed to rile up desperate people.