Can Make a huge Difference to your wealth
The Power of compunding refers to the ability of an asset to generate earnings, Which are then reinvested to generate even more earnings in the future. This creats a snowball effect where the earnings grow exponentially over time, leading to significant long term gains.
Do You Know?
At the rate of 15% CAGR what will be the value of
After 5 years | After 10 years | After 15 years | After 30 years | |
1/- | 2/- | 4/- | 8/- | 66/- |