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Compound Interest

From Systematic Relative Strength
November 21, 2012 - 10:30am
Paul Merriman, in a column for Marketwatch, has a nice discussion about the power of compound interest.  He shows that the effect of compound interest is exponential, not linear, and points out what a huge difference time and a somewhat higher compounding rate can make. One big mistake clients often make is that they don’t [...]

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