There exists an urban legend about Einstein. You’ve probably heard it before. Supposedly Einstein once said that “compound interest is the most powerful force in the universe.” It sounds pretty cool, and smart — like something Einstein might actually say. Whether Einstein actually said these words or not is subject to debate.
We’ll probably never know the truth about that Einstein quote, but the important part is the truth within it — Compound interest, or more generically “compounding” is an extremely powerful financial force when it works for you…Read more