The dog years of compounding (in investing)

Albert Einstein dubbed compound interest the eight wonder of the world.

The power of compound interest & the rule of 72

Did you know Albert Einstein called compound interest the 8th wonder of the world? Basically, compound interest is “interest paid on interest”. This concept is great when saving for the long-term, but it also works against you when borrowing or not paying what you owe. With compound interest, you will pay more. Cable companies have …

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