Compound math doesn’t add up. If you add five sevens together, you get 35. Five times seven. Many of us, at least if we slow down a tad, can do that math in our heads. How about multiplying five ...
James Chen, CMT is an expert trader, investment adviser, and global market strategist. Charlene Rhinehart is a CPA , CFE, chair of an Illinois CPA Society committee, and has a degree in accounting and ...
Elvis Picardo is a regular contributor to Investopedia and has 25+ years of experience as a portfolio manager with diverse capital markets experience. Suzanne is a content marketer, writer, and ...
It was Albert Einstein who called compound interest the ‘eighth wonder of the world,' saying that ‘he who understands it, earns it. He who doesn't, pays it.' In the investment world, compound interest ...