TIME & COMPOUNDING

Why is time so important in compound interest?

The more time that an investment has to compound, the greater the potential return will be. This explains why compound interest is a suitable concept for young investors. The sooner YOU begin saving, the more return you'll have come at the time of your retirement.

Part 2 of discussing NextGen: Misconceptions. In this episode, Tony interviews Sam Crugnale, Associate Adviser from Catapult Wealth about the power of time and compounding.

Click here for the notes referenced in the episode here. 

Disclaimer: This advice may not be suitable to you because it contains general advice that has not been tailored to your personal circumstances. Please seek personal financial and tax/or legal advice prior to acting on this information.