“Compound interest is the eighth wonder of the world. He who understands it earns it and he who doesn’t pay it.” - Albert Einstein Compounding is the first step towards long-term wealth creation. Compounding allows you to earn interest on your principal and on the interest that you reinvest. It helps you build a large corpus over time with the smallest of initial investment. If you are young (20s), take advantage of the compound interest phenomenon.
Realized the power of compounding recently.. Would you mind sharing specifics of these investments?