The Magic of Compounding

Compound interest is interest calculated on the initial principal, which also includes all the accumulated interest from previous periods. It is the fundamental mechanism behind long-term wealth creation and passive income.

How Compounding Frequency Affects Returns

The more frequently interest is compounded, the higher the overall returns will be. For example, an investment compounding monthly will yield slightly more than the same investment compounding yearly, because the interest is added to the principal more often, allowing it to generate its own interest sooner.

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