8-4-3 Investment Rule: In the 8-4-3 strategy, the average return of a particular investment amount for 8 years is 12 per cent/annum, while after that time period, it will take only half of that ...

Compound interest is the interest earned not just on your initial investment (the principal) but also on the interest that accumulates over time. In simple terms, it’s “interest on interest.” Think of ...

Compound interest can help turbocharge your savings and investments, or it can quickly lead to an unruly balance, keeping you stuck in a cycle of debt. Its magic can help you earn more — or owe more.

It was Albert Einstein who called compound interest the ‘eighth wonder of the world,' saying that ‘he who understands it, earns it. He who doesn't, pays it.' In the investment world, compound interest ...

According to a national study on millionaires, most of them are self-made. Just 21% of the millionaires who were in the study (the lucky ones) inherited some amount ...

Compound interest is the interest on interest that may accelerate your rate of investment return faster than normal interest. Fixed deposits, equity mutual funds, Public Provident Fund (PPF), and ...

Interest is money that is paid regularly at a particular percentage, usually when money has been lent or borrowed. For example, a bank will give its customers interest to reward them for saving money ...

It is often said that compound interest is the eighth wonder of finance. The compound interest calculator is a quick method of estimating the future compounded value of an investment over a period of ...

When you put money into a savings account, the bank will use your money, for example by lending it to other people. They will pay you a certain amount for allowing this. The money they pay you is ...