What is Compound Annual Growth Rate (CAGR)? Why it is extremely important to understand it properly?
In investment world, returns is a big deal. It probably gets more attention than almost any other metric out there, and occupies the largest mindshare among most investors. As an investor, you should be aware of 2 commonly used metrics which are used to represent returns. They are CAGR & XIRR. In this episode, we…
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