POWER OF COMPOUNDING – A Guide to Maximizing Your Investments

The Power of Compounding: A Guide to Maximizing Your Investments Compounding is a powerful tool that has been used for centuries to grow wealth and achieve financial goals. It is a simple concept that involves reinvesting the earnings from an investment over time to earn interest on interest. This process can lead to exponential growth, resulting in significant returns over the long term. The definition of compounding is simple: it is the accumulation of interest on investment over time. This means that each year, the interest earned on an investment…