Listen "What is compound interest?"
Episode Synopsis
Best Books :-
Rich Dad Poor Dad - https://amzn.to/3csSA4y
Atomic Habits - https://amzn.to/3cnt5la
The Psychology of Money - https://amzn.to/3iD3Lvt
Ikigai - https://amzn.to/2TEx4TF
Power of compounding. “Compound interest is the eighth wonder of the world. He who understands it earns it and he who doesn’t pay it.”
In this episode, I try to explain the power of compounding in very simple terms and how to make a significant amount of money by investing small amounts for a long period of time. This is a very important concept for all the investors to understand as even the greatest investor Warren Buffett has said that the single most powerful factor behind his investing success is “compound interest”.
Rich Dad Poor Dad - https://amzn.to/3csSA4y
Atomic Habits - https://amzn.to/3cnt5la
The Psychology of Money - https://amzn.to/3iD3Lvt
Ikigai - https://amzn.to/2TEx4TF
Power of compounding. “Compound interest is the eighth wonder of the world. He who understands it earns it and he who doesn’t pay it.”
In this episode, I try to explain the power of compounding in very simple terms and how to make a significant amount of money by investing small amounts for a long period of time. This is a very important concept for all the investors to understand as even the greatest investor Warren Buffett has said that the single most powerful factor behind his investing success is “compound interest”.
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