Simple interest calculates earnings or payments based solely on the initial principal, while compound interest grows by calculating interest on both the principal and the accumulated interest over ...

Capital at risk. The value of your investments can go up and down, and you may get back less than you invest. Compounding is a process where interest is credited, not only to the original ‘principal’ ...

You need savings to invest, but time for those investments to grow and compound. Long periods of time are so powerful that they can make up for lower savings rates. Save as early as you possibly can ...