
4/24/23: 10% Return is Better than 8% -- But is 8% all that Bad?
THE TRUTH ABOUT YOUR FUTURE with Ric Edelman
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Introduction
Rick Edelman: The biggest scam in investing today is ESG. He says of the 1120 funds that currently have a AAA rating for adhering to ESG, only 54 actually deserve it. If you earn 10% over 40 years, as opposed to 8%, what's the big deal? he asks. You've got to make sure you understand the difference between percentages and percentage points.
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