Archive for May 18th, 2007

Daily Archive
Friday, May 18th, 2007

Compounding: it’s a kind of magic …

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 can earn interest on your […]

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