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Albert Einstein described compound growth as the eighth wonder of the world. Although he may have passed away in 1955 – coincidentally the year when yours truly saw his first ray of light – the concept of compounding remains the single most important principle governing investment. Compounding simply means that you [...] More on this topic (What's this?) Does a Risk-Free Return Actually Exist? (Investing School, 4/23/12) How Does Gridlock Apply to the Investment World? (Investing School, 3/19/12) The Most Important Investment You Can Make Right Now (Money Morning, 3/1/12) | |||||||||||
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