In investing, a benchmark is usually an index or fund against which an investor can compare the performance of their own portfolio. When it comes to investing, gains are good, and losses are bad.
One of the biggest mistakes we see people make with their investments is to try and compare their portfolio performance to “the index.” We’ll hear comments from clients (and friends ...
The London interbank rate is used widely as a benchmark but has come under fire Every weekday at about 11 a.m., 18 large banks, under the auspices of the British Bankers’ Association, report the rate ...