Catapult | ED: NextGen
Catapult | ED: NextGen
TIME & COMPOUNDING
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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.
