What Is Compound Interest? | Investopedia

What is compound interest? Compound interest is often called one of the most powerful concepts in finance. Find out what it is and how it can work for you.
For more content related to Compound Interest, check out:
Understanding The Time Value Of Money
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Overcoming Compounding's Dark Side
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Nobody can become financially successful over night. They put in background work but we tend to see the finished part. Fear is a dangerous component, hindering us from taking bold steps we need in other to reach our goals.

[@jacobbourke9591]

kinda helped but i'm still gonna fail this test tomorrow

[@jaysplace01]

what bank has 5% interest on their savings? mines like freaking .004% quarterly

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I find myself at a crossroads, uncertain whether to liquidate my $250,000 stock portfolio. I'm seeking advice on the best strategy to capitalize on this current bear market.

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Investopedia spitting the straight-up truth!!!

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sooo.... in english, its reinvesting your profits from investing

[@Sid3UUays]

this explained the subject 10 times better than any teacher/textbook ever has

[@MrClaudiuzz9]

understanding both the power of compound return and the difficultly of getting it is the heart and soul of understanding a lot of things - Charles T Munger

[@robertmaynez]

No a bank will not offer 5% but a mutual fund in the stock market will offer 5% - 10% over time invested monthly. Basically 5-10 cents for every dollar you invest. Whereas bank offer less than 1% 0r less than a penny for every dollar you deposit. Banks can offer 2% in money market accounts but require a "small" $1,000 deposit lol

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That is the difference between exponential and linear growth kids!

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I think that was the best explanation of compound interest out of all the other vids I watched

[@discoverion]

Good video and nice animations. Does a good job of explaining compound interest.

[@nascentnaomie]

I understand it now. Thank you for this simple educating video

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take a shot everytime this guy says intrest

[@pauln8815]

very nice video , short , simple and easy to understand ... thank you so much

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thnx really helped my brain I see all these epic videos on the side of my screen but I gotta stay focused on the video and yours is snappy colourful and got to the point

[@wheelieboychhayank]

Superb and very clear video. Thank you for such great explanation. Keep educating 🙏🏼

[@stanleymichaelramirez4265]

Long Term investing through Fidelity or Vanguard at ≈ 12% interest compounded annually.... now thats a reliable millionaire formula

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[@jitamdhuvad6342]

I truly came for why is compound interest concept is used for formulation of formula of calculating rates of depreciation in written down value method ...(accounting) thx a lot beautiful explanation