Comment on Exploiting Silicon Valley For Profit (and Maybe Fun)parentComments−refurb14yThe inflation rate in Australia was pushing 4% last year. That's a nominal return of 2.X%.−repsilat14yIt's a real return of ~2%, it's a nominal return of 6%. "Nominal" in this case means "in name only" - it's the face-value of the return, not the actual value.
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The inflation rate in Australia was pushing 4% last year. That's a nominal return of 2.X%.
It's a real return of ~2%, it's a nominal return of 6%. "Nominal" in this case means "in name only" - it's the face-value of the return, not the actual value.