Reaping the profit out of
Compound interest can help you earn more than what you invested initially and fulfill your long term savings goals by providing higher and assured returns.
How compound interest helps you earn more:
Start your investments early
Stay invested for a longer time
When your start your investments early in your career at compound rate of.
interest, the possibility is very much there that it will add to your returns
If you keep on investing at compound interest rates, you will see the difference.
Investments giving lower returns in the initial stages may produce higher returns in the long run.
It is very important to be patient and keep your investments intact for a longer
time. The magic of compounding works only when you invest your savings for a longer duration.