By Robert Hauver
Even though Albert Einstein was famous throughout the world for his achievements in physics, such as his Theory of Relativity, the phenomenon he was most impressed by had to do with finance.
When asked what he considered to be the most powerful force in the universe, Einstein is reputed to have said, “compounding interest”. He went on to call this the “greatest invention in human history”.
Who are we to argue with a genius?
Compound interest provides a very powerful tool for amassing wealth in your portfolio, particularly when coupled with reinvesting dividends.
The Rule of 72 is why young people have such a great advantage when it comes to generating wealth, since they have time on their side.
Click here to continue reading…