the.com/compounding
money having babies, then those babies having babies, forever.
means earning returns not just on what you put in, but on all the returns you've already earned.
from from latin componere, to put together — bankers noticed interest could earn interest, and quietly built the modern world on it.
einstein myththe eighth wonder quote is probably fake
rule of 72divide 72 by rate to estimate doubling time
time beats amountstarting early outperforms investing more, later
works in reversedebt compounds against you just as ruthlessly