Beachballing -- hardware or software issue?
Is there a way of telling whether I have software or hardware issues? Performance has seriously degraded since I upgraded to Mojave. Etrecheck suggests that it may be a hardware problem or may be a software issue. If it's software, I am considering doing a clean re-installation. If it's hardware, I may have to buy a new computer. I don't want to go to the trouble of a re-installation if my hardware is failing. On the other hand, I don't want to hand out big bucks for a new iMac if my old one is actually just fine.
Any suggestions?
My iMac is 2014 vintage. I have lots of free disk space and 8 GB of memory.
iMac 21.5", macOS 10.14