• Jerremy Alexander Newsome

The Miracle of Compounding

The Miracle of Compounding

Albert Einstein is widely reported to have made the following statement, 'The most powerful force in the universe is compound interest.” While I'm not sure it is the most powerful force in the whole universe, I would suggest that compound interest is the most powerful force in growing your savings and investments. The key to maximizing the force of compound interest is to start saving from an early age. The earlier you start, the more powerful that force will be.

So what is compound interest?