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Economy and Current Affairs

Power of Compounding Will Make You a Millionaire

When a person asked Warren Buffett for the single most powerful factor behind his investing success, and he had responded “Compound Interest”. Albert Einstein, one of the smartest men, said, “The most powerful force in the universe is compound interest”. He called it the “Eighth Wonder of the World”.   What is Compounding? Compounding is a process in which your returns will increase exponentially over a long period …

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