When the boom effect of Compounding Interest kicks in.

September 6th, 2022 by igniite

When the boom effect of Compounding Interest kicks in.

Linda is a friend.

Linda was digging through our blogs last week and trying to get her head around the Magic of Compounding interest. It is no secret that we believe your vehicle of investment choice is not as important, as understanding the magic of compounding interest. Develop a plan, get started early and stick with that plan. Here is some of our discussion. The calculators are worth playing around with so you get the ‘boom’ effect of 20-30 years. The compounding interest calculator can be found in some of our earlier blogs but most of the ones online will do.