Return on Investment (ROI)
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What is “Return on Investment (ROI)”?
“Wise are those who learn that the bottom line doesn’t always have to be the top priority.” — William A. Ward, aphorist
Key Points:
- Return on Investment (ROI) is the value created from an investment of time or resources.
- ROI can help you make decisions between competing alternatives by asking yourself the question: what brings a bigger ROI?
- The return on every investment is always directly related to how much the investment costs. The more you spend, the lower your return.
- Every future ROI is a semieducated guess. Nothing is a sure bet, you can only know your exact ROI after your investment is made.
Questions for Consideration:
- How can you calculate the return you’re currently getting on each of your investments?
- How can you improve that return?
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