I am very sure, you heard before, the 8th Wonders Of The World, which is “COMPOUND INTEREST”… as mentioned by Albert Einstein, the scientist who is famous for his theory of relativity.
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View this video, to see a simple explanation of how compound interest can help your money grow over time. 🙂
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You made some good points there. I did a search on the topic and found most people will agree with your blog.
Simply put, where in SIngapore u find this compounding investment (lets say 5%) tool that reinvest without monthly/annual fees digging in to your capital.
Thanks Rokawa. You can get endowment plans, that give you compounded interest. Do check with your financial advisor! 🙂