When it comes to the subject of wealth growth, it is clear that compound interest plays a decisive role. Compound interest is the foundation of all investment concepts. After all, compound interest is interest earned on top of interest already earned. This is essentially the easiest way to grow your pot of money, if you […]
Month: January 2021
Compound interest rewards patience in an impatient world
Compound interest – its impact is truly miraculous. I have been writing and talking about its power for over 30 years, but do you understand? The start is slow: not much happens in the first years. But that’s life – anything worth it takes time. This applies to getting into shape, losing weight, improving your […]
How compound interest can turn your stimulus check into a fortune
Stimulus checks printed at the Philadelphia Financial Center in Philadelphia. Jeff Fusco | Getty Images The latest round of $ 600 stimulus checks is a welcome reprieve for the millions of Americans financially affected by the Covid-19 crisis. For those who have lost income or benefits in the 10 months since the first Covid landing, […]