The most powerful force in the world of investing is compound interest. In fact, Albert Einstein once called compound interest the “eighth wonder of the world!” But what is compound interest? Why was ...

Steven Nickolas is a writer and has 10+ years of experience working as a consultant to retail and institutional investors. Ebony Howard is a certified public accountant and a QuickBooks ProAdvisor tax ...

Brian Beers is a digital editor, writer, Emmy-nominated producer, and content expert with 15+ years of experience writing about corporate finance & accounting, fundamental analysis, and investing.

On the surface, an interest rate is just a number. How that number applies to debt or equity opens up a world of possibilities. The first consideration is always whether it’s simple interest vs.

Compound interest grows by reinvesting earnings, creating larger interest over time. Increasing compounding frequency (e.g., monthly) can significantly accelerate investment growth. Compound earnings ...