Read? My money works harder for me (2)
How do I know my money is working harder for me?
One way to measure your portfolio value using CAGR.
CAGR measures the productivity of money. Productivity is the highest when it generates the most dollars in the least time or basically it is the financial returns over the investing time units that really counts.
Expected CAGR can be different during Building Wealth and Growing Income phase.
During building wealth phase, we may need more aggressive CAGR like at least 1X% and above but later slowing it down to high X% during Growing Income phase.
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