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 ...

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 ...

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 ...

Einstein allegedly called compound interest the eighth wonder of the world. Benjamin Franklin defined it more poetically: “Money makes money. And the money that money makes, makes money.” Here’s ...

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 ...

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 ...

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 ...