Four Minute Finance

๐Ÿคฏ Compound Interest | The most powerful force in the universe


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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.

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Four Minute FinanceBy John Tounger

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