I am getting 16% returns on my portfolio.One of my friends said that. What is wrong with this simple statement?This statement is fundamentally wrong in many aspects.One, you got 16% returns till now. You are not guaranteed to receive 16% returns continuously. This statement gives the impression of assurance that similar returns can be expected in the future, which is far from the truth.In many cases, this 16% also hides some key facts. One being that…
