25 Investing Terms That Every Investor Should Know
The Canadian Investor
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What Is Compound Annual Growth Rate?
The term cager is simply the rate of return at which something grows on average from the start point to end point. To double an investment at an annual cager of ten %, it would take a bit more than seven years to do so,. because it compounds at ten per cent every year. A mote really comes from the old mediaeval moat, which was basically, way back when, when people are trying to defend their castle from intruders. They would build a literal, physical moat of water around the castle.
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