Albert Einstein described compound interest as the ‘eighth wonder of the world’. “He who understands it … earns it. He who doesn’t … pays it”. In this post, I’ll recap the power of compounding and the Rule of 72 when it comes to personal investing. Compound interest (or compounding interest)
Hello and welcome to Pursue FIRE. My name is Dan and I am the owner and author of all content on this site. I am passionate about personal finance and look forward to engaging with you.
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What i'm reading
‘Moneyland’ examines how corrupt politicians and oligarchs move vast sums through shell companies in offshore tax havens before spending it in the world’s playgrounds for the mega-wealthy. This book is highly compelling