• The Magic of Compound Interest

    5 monthes ago - By Mint

    Personal finance and investing gurus are fond of an old Chinese proverb: “The best time to plant a tree was 20 years ago. The second best time is now.” Chances are you've heard it before.
    It's a profound quote, and trees are a great metaphor for growing your investment portfolio. If you water the tree daily - and have patience - you can expect to reap the rewards in due time. Whether you start investing in college or after you turn 40, the important thing is planting the seed.
    The problem is, this proverb actually undersells the importance of starting as soon as possible from an investing...
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