1.
Explanation
“First Return” is a financial term that refers to the initial profit or gain realized by an investor on an investment. It signifies the total return on an investment, including both capital appreciation (or depreciation) and any income generated from the investment, such as dividends, interest, or rental
income. This first return is often significant for investors as it represents the earliest gains on their investment and can impact their decision to continue or exit an investment. It's important to note that the first return doesn’t account for ongoing or future returns and should be considered alongside a comprehensive investment strategy.