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Compound Interest: An Introduction to the 8th Wonder of the World
According to Albert Einstein, “compound interest is the eighth wonder of the world. He who understands it, earns it … he who doesn’t … pays it.” So, what exactly makes compound interest so powerful,...
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Compound Annual Growth Rate (CAGR)
Now that we have an understanding of how compound interest works, let’s take a look at another important topic, Compound Annual Growth Rate (CAGR). CAGR is not the actual growth rate of the...
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Investing Terms for Beginners
So, you are a new investor and have finally decided to get your feet wet and buy some stock! You fire up Google Finance (Google Finance) to do some research and search for your favorite company, let’s...
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Real Estate Investing Terms for Beginners
When getting started with any new job, hobby, sport, investment, etc., there are always new terminology and acronyms we must learn. This is no different when it comes to real estate investing. And...
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