Good Morning ☀️ A portfolio can rise in nominal terms and still lose purchasing power. The number on the screen is only half the result. Inflation changes what each unit of currency can buy. That is why progress should be judged against the future cost of the goal, not only last year's balance. A gain that trails the relevant rise in prices can leave an investor moving backward in real terms. Use three lenses. Nominal return asks how much money changed. Real return asks how purchasing power changed. Goal return asks whether the plan is still funding the intended outcome. Discover the Block2Learn Learning Path: https://t.co/PjEQcZHz2U Information is abundant. Structure is rare.