The Pyramids at Giza.  The Hanging Gardens of Babylon.  These were just a few of the wonders of the ancient world.  Centuries later, Albert Einstein called compounding the 8th wonder of the world.

In today's episode we learn about the concept of compound interest, and break it down into its three components:

  • Amount invested
  • Time invested
  • Rate of return

Credit Suisse Global Wealth Report 

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