We as ordinary retail investor have to measure our investment performance.
Some retail investors may think that measuring investment performance using CAGR or XIRR or Rate of Return is for "boosting" investing ego.
May be those people said this are not Economics students or they know too little on Econ 101. They don't really understand the future value of money!
The future value of our money 20 to 30 years from now will depend on our investment strategies taken and their rate of return achieved over the next 10 to 20 years. We need to know exactly how to get there. No measuring. How to know?
Unless, you are telling me that you are so rich that inflation is insignificant to you; then you don't need to bother to measure your rate of return in your investment performance as you can't finish spending your money in your lifetime.
Measuring your Rate of Return on your investment performance has nothing to do with "boosting" your investing ego.
I am 60+ yrs old uncle living in HDB heartland who has retired @ 60 on 30 Sep 2016.
I have been doing long-term investing and short-term trading in Singapore stock market only since Jan 2000 and now becoming full-time retail investor. So I am that Panda or Koala in the investment world; but I am still surviving well in the wild.
I have two sons and one daughter; two working adult children and the youngest son is currently in his 1st year SUTD.
I am currently executing my Three Taps solution model to maintain sustainable retirement income for life till 2038
Last updated: 16 Oct 2016
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