Updated over 6 years ago on . Most recent reply
What is your Return on Equity?
A mentor of mine long ago told me that one of the keys to creating wealth is "The velocity of money" (How quick are you recycling your money?). A simple way to calculate this return is to divide your current yearly cash flow by the amount of equity in your portfolio. My current ROE is .0889 at the moment. I'd like to hear back on how others are doing with their ROE (Return on Equity?