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    Contemporary Einstein

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    Kenneth Boquing
    The document discusses Albert Einstein's quote about compound interest being the 8th wonder of the world, and how it can work for or against a person depending on if they understand and use it for investments or not, allowing one to earn interest on interest over the long term.

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    © All Rights Reserved
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    Contemporary Einstein

    Uploaded by

    Kenneth Boquing
    6 views1 page
    The document discusses Albert Einstein's quote about compound interest being the 8th wonder of the world, and how it can work for or against a person depending on if they understand and use it for investments or not, allowing one to earn interest on interest over the long term.

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    contemporary einstein.docx

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    The document discusses Albert Einstein's quote about compound interest being the 8th wonder of the world, and how it can work for or against a person depending on if they understand and use it for investments or not, allowing one to earn interest on interest over the long term.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    6 views1 page

    Contemporary Einstein

    Uploaded by

    Kenneth Boquing
    The document discusses Albert Einstein's quote about compound interest being the 8th wonder of the world, and how it can work for or against a person depending on if they understand and use it for investments or not, allowing one to earn interest on interest over the long term.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 1

    “Compound interest is the 8th wonder of the world.

    He who understands it, earns it; he who


    doesn’t, pays it.”

    Albert Einstein quote represents that compound interest can work for you or against you this is
    with the view that the choice is yours. If you use it to your advantage with your investments, it
    will make all the difference over the long term.

    The beauty of compound interest is that it allows you to earn interest on your interest so that
    while you have to sweat to earn the money you initially invest, from then on your money works
    on your behalf.The longer you leave your money untouched, the more powerful the
    compounding effect becomes. We use compound interest for good, we can harness its incredible
    power to help propel us forward. Einstein didn’t just say that it was pretty cool or good in some
    way; he said it was the most powerful force.Not in home city or world but in the universe. That’s
    why it is pretty powerful.

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