Tag Archives: economy

[Image credit] I’ve recently come to realize that I never truly grasped the magic of compounding—even though I’ve known about it for decades. Imagine this: if $1 million grows at 15% annually for 50 years, it transforms into roughly $1 billion! However, this impressive result is extremely sensitive to the growth rate. Lowering the rateContinueContinue reading “The Magic of Compound Growth: How a Million Dollars Can Turn Into Billions!”