Understanding the Power of Compounding

Meet the eighth wonder of the world!

Jocelyn Jovène 14 September, 2021 | 10:22
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Einstein Graffiti

Albert Einstein is reputed to have said: “Compound interest is the eighth wonder of the world. He who understands it, earns it; he who doesn’t, pays it.” (although we’re not sure he was the one who really said that.)

As an investor, making your money work for you is the best way to increase your wealth. And the wealth you will accumulate is the result of 2 things: how long you invest and the rate of return on your investment.

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About Author

Jocelyn Jovène  is Senior Editor for Morningstar France

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