One of the primary things that you have to understand before beginning your investment process is the topic of compound interest. As Albert Einstein said, “Compound Interest is the 8th wonder of the world. He who understands it, earns it…he who doesn’t, pays it.” Today, we will discuss:

1. What compound interest is

2. How compound interest works

3. Whether or not compound interest is always good

4. The importance of compounding frequency and investment amount while compounding

5. Why you should always keep compounding

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Don’t forget to like, subscribe, and leave comments below as I would love your feedback. Be sure to check out my website (www.mnowithdylan.com) where you can get more information on my financial coaching services and more, the podcast of these shows if you are more of a listener than a watcher, and follow the show on any social media outlet (FB, Twitter, & Instagram) @mnowithdylan (Money’s No Object with Dylan Howell) [All links in description]. Tune in tomorrow as I cover the concept of diversification and the role that it plays in your investment portfolio. Don’t forget to check-in every weekday (Monday-Friday) for new videos which will be uploaded each day at 6 a.m. CDT. If you want some of the broad topics without much detail, check-out the Weekly Rewinds every Saturday (posted at 6 a.m. CDT) to catch up on the topics covered in the past week. Thank you, guys, for tuning into this episode of Money’s No Object. I’m Dylan Howell. God Bless!

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