You made $10,000 — are you a genius or a fool?

Why dollar returns are meaningless without this one number

You made $10,000 on an investment last year.

Good or bad?

You can’t answer. And that should bother you.

Because I hear investors brag about dollar returns all the time.

• “I made $10,000 on that deal.”

• “My portfolio generated $50,000 last year.”

• “I cleared six figures.”

Cool. How much did you invest to get it?

If you invested $1,000 and made $10,000, you 10x’d yo…