One important thing

We get taught a lot of things, but how much are we taught about money?

Compound interest is a powerful concept in personal finance, particularly when applied to saving a portion of your income, like 10%. The importance of compound interest lies in its ability to exponentially increase savings over time. When you save 10% of your income and invest it in a vehicle that earns compound interest, not only do your initial savings earn interest, but the accumulated interest earns interest as well.


All information herein has been prepared solely for information purposes, and it is not an offer to buy or sell, or a solicitation of an offer to buy or sell any security or instrument or to participate in any particular trading strategy. Past performance is no indication of future performance.