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In this episode I talk about Compounding Interest. Be warned there is some math involved.
Here is a link to the governments compounding website: https://www.investor.gov/financial-tools-calculators/calculators/compound-interest-calculator
Compounding is the process of growing. The snowball effect is the perfect illustration for how your investments grow over time. When momentum kicks in they start to grow at a much quicker rate.
By John Tounger5
128128 ratings
In this episode I talk about Compounding Interest. Be warned there is some math involved.
Here is a link to the governments compounding website: https://www.investor.gov/financial-tools-calculators/calculators/compound-interest-calculator
Compounding is the process of growing. The snowball effect is the perfect illustration for how your investments grow over time. When momentum kicks in they start to grow at a much quicker rate.