Compound Interest

Benefits of Compound Returns

Some of the greatest minds in the world have marvelled over a simple, but extraordinary forceful concept – the power of compounding. Einstein called it “the greatest mathematical discovery of all time” and “the eigth wonder of the world.” The economist John Maynard Keynes described the “awesome power of compounded interest”. The Concept of Compounding [...]

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Should I prepay my loan or Invest the money?

by Amandeep Singh on December 11, 2009

in Personal Finance

Should i prepay my loan or reinvest that money

Remember the time when you took a Personal loan to fund a requirement for your parents? Or, you had to take a loan for purchasing a vehicle or the loan was for your marriage or any other reason. The occasion goes through pretty well and now comes the first EMI and you wake up by [...]

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