Miracle of Compounding Interest

The Miracle of Compounding Returns – The Eighth Wonder

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 The key to this concept is the way in which, given enough time, even apparently trivial amounts of money can turn into sizeable sums. In other words, the longer you […]

Continue Reading →