Compound interest

Poll: Is the power of compound interest overvalued?


At Money Marketing Interactive London, St James’s Place Investment Director Rob Gardner said: “We have 11 million children in the UK and only 100,000 have a pension.

“If you invest £ 5 a day from their birth they will have £ 35,000 saved in every 10.

“If you then stop saving, the compound interest will pay them £ 1million out of 60.”

The comment sparked a bit of debate on Twitter …

What do you think? Please vote and comment.

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