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I agree with you that return indices are more relevant than price indices for most investors, especially in the long term. Yet, while most price indices are calculated and disseminated quite frequently during the trading hours, most return indices are calculated and disseminated only once a day and after the markets are closed. This is described, for example,...


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The news organizations use a simple method of expressing what happened on Wall street today: Dow, S&P 500, and NASDAQ. An all news radio station where I live gives these numbers 4 times an hour. For the average person that tells them everything they think they need to know about what is happening in the stock market. Most don't understand what they mean ...


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