Percentages & Why They Matter
Last week we talked about the Time Value of Money, and why it’s important to invest your money. This week, we’re discussing percentages, how they affect your finances, and why they matter.
What's in a percentage?
When we talk about your investments and how well your investments are doing, we normally talk in terms of percentages.
You may have heard phrases like, 'the TSX is up 1.7%' or 'your investments are up 8%', or 'your investments are down 3%'.