A wise man once said that compounding is the 8th wonder of the world: “Compound interest is the eighth wonder of the world. He who understands it, earns it; he who doesn’t, pays it” – thought to be Einstein But what exactly is compounding? This is what I like to call: …
Do you save or invest for your children? Starting young can mean that you can really take advantage of compounding, providing you put the money in the right kind of environment! Here is my thinking on this subject, and definitely something I will be doing with my own children when I …
If you had asked me 5 years ago, “do you invest in the stock market”, I would have looked at you pretty blankly. The only investing I had ever heard of was buy-to-let, and I had no money for that kind of thing! I had heard about the stock market, but I thought …