Episode 7 - Myth 5 - The Miracle of Compounding Interest

16:01
 
Share
 
Manage episode 191229194 series 1523807
By Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio streamed directly from their servers.

Compound interest is something that has really become a topic at the forefront of financial planning. You get a lot of money over a long period of time since it compounds in an exponential manner. It’s often depicted as an exponential curve which really gets you value after a long time. However, you have to realize that compound interest computations take into account a lot of hypothetical scenarios.

Learn more about compound interest in this podcast:

7 episodes available. A new episode about every 17 days averaging 17 mins duration .