We've all heard how investing can provide passive income and help us reach our retirement goals. But for those who do not have much money to invest, it may not seem worthwhile. When you consider the effects of compounding, however, it's easy to see just how much sense investing for retirement makes, especially if you start young.
Compounding occurs when an investment gives returns on both the original amount invested and the interest or returns previously gained. That means you can increase your money even if you do not add anything beyond the initial investment. Compounding takes time, but once... Articles Tagged ‘compound interest’
Power of Compounding
We've all heard how investing can provide passive income and help us reach our retirement goals. But for those who do not have much money to invest, it may not seem worthwhile. When you consider the effects of compounding, however, it's easy to see just how much sense investing for retirement makes, especially if you start young.
Compounding occurs when an investment gives returns on both the original amount invested and the interest or returns previously gained. That means you can increase your money even if you do not add anything beyond the initial investment. Compounding takes time, but once...
Wednesday, March 17th, 2010
We've all heard how investing can provide passive income and help us reach our retirement goals. But for those who do not have much money to invest, it may not seem worthwhile. When you consider the effects of compounding, however, it's easy to see just how much sense investing for retirement makes, especially if you start young.
Compounding occurs when an investment gives returns on both the original amount invested and the interest or returns previously gained. That means you can increase your money even if you do not add anything beyond the initial investment. Compounding takes time, but once... 
Loading ...
