“*Compound Interest Is The Eighth Wonder Of The World’*

Albert Einstein

Let me start with a description of what is “**Power of Compound**” all about…

Suppose you invest your money and make returns on it. The compound takes effect when you reinvest the interest rather than take it as a payout.

This means that interest in the next period is earned not only on the principal sum but also on any interest that was previously accumulated.

Imagine, you invested $1 and received a 10% return per day. The start of the next day, you would then have a $1.10. Now that $0.10 doesn’t look much in the scheme of things.

But the magical element of compounding is the effect of time.

- By the end of 7 days, your total tally would be $1.77
- By the end of 31 days, your total would be $17.45
- By the end of 100 days, your total would be $12,527.83
- By the end of 150 days, your total would be $1,470,652.58

Here is another fun video explanation prepared by Tony Robbins of...

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