By Investment U Research Team The most powerful force in the world of investing is compound interest. In fact, Albert Einstein once called compound interest the “eighth wonder of the world!” But what is compound interest? Why was it such a marvel to one of the brightest minds of the modern era? To understand, it’s best to break down the concept into both practical and mathematical explanations.
If you’re an investor, you need to know what compound interest is, how it works and how to earn it. So much of your wealth-building opportunities come from compound interest. Here’s a crash-course in compound interest and how …read more
