How Compound Interest Can Work for You

If you want to accumulate wealth, you will need to start as early as possible and let the numbers do the hard work

Jocelyn Jovene 9 September, 2021 | 12:00PM
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Albert Einstein is reputed to have said: “Compound interest is the eighth wonder of the world. He who understands it, earns it; he who doesn’t, pays it.” (although we’re not sure he was the one who really said that.)

As an investor, making your money work for you is the best way to increase your wealth. And the wealth you will accumulate is the result of 2 things: how long you invest and the rate of return on your investment.

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Jocelyn Jovene

Jocelyn Jovene  is Senior Editor for Morningstar France

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