The Compounding Effect: Simple Rules and Intuitions

Recurring investment can grow to approximately 100 times in the 30-years period, assuming a 7% interest rate. Keep in mind that actual interest rates may fluctuate, leading to final values higher or lower than 100 times the initial amount. At the heart of the “100 times in 30 Years” concept lies the power of exponentialContinue reading “The Compounding Effect: Simple Rules and Intuitions”