The investment rate is telling you how much money you're really making on an annualized basis, so it's very simple.

投资收益率反映了基于一年来看,你实际赚了多少钱,非常简单

耶鲁公开课 - 金融市场课程节选

The yield-to-maturity on an indexed bond is already in real terms because the coupons are indexed to inflation.

这种债券的到期收益率,就是实际收益率,因为票息已经被通胀指数化了

耶鲁公开课 - 金融市场课程节选

So, that is not--your return is actually higher than 2.51% on an annualized basis.

所以,你的实际年收益率,应该高于2.51%

耶鲁公开课 - 金融市场课程节选

What most people are doing when they go into a mutual fund is they're trying to find smart people who will beat the market-- who will pick those stocks that will do well.

大多数人投资共同基金,实际是在寻找聪明之辈,来帮助他们获取更高收益率...,来挑选表现最为优异的股票

耶鲁公开课 - 金融市场课程节选