[ad_1] Simple Interest vs. Compound Interest: An Overview Interest is the cost of borrowing money, where the borrower pays a fee to the lender for the loan. Interest, usually expressed as a percentage, can be simple or compound. Simple interest is based on the principal amount of a loan or deposit. On the other hand, […]
Month: March 2017
What is the connection between mutual funds and compound interest?
Mutual funds are popular vehicles that pool money raised from investors. This capital is then invested in securities and assets – stocks, bonds, cash, money market instruments and others – depending on the profile of the fund, whether it is a small capitalization fund, a international fund, a government bond fund, etc. Investors, in turn, […]
What is compound interest? | Invest
[ad_1] When it comes to investing, compound interest is truly the most powerful force in the universe. Remarkable for its simplicity and power, compound interest is the concept of reinvestment, along with the initial capital, the interest earned on your investment. As a result, you earn interest on top of interest, then more and more […]