Post
Topic
Board Economics
Re: Investments with Compound interest.
by
Silverstone1111
on 10/11/2017, 03:52:27 UTC
Compound Interest is one of the safest way to invest your money because there's a guarantee that your money will increase its value by the percentage that you will accumulate annually by the bank that you deposited. Let say your current principal is $2000 and you hold it a year, the interest rate is 5% yearly the compound interest is 3 times annually that would be $2,101.68. That's a sure increase of money unlike investing in cryptocurrency there is no assurance that the price will still the same.
I know the concept of the Compound Interest. I haven't yet found a investment or a place where I can get a Compound interest !!! Well are there any legit online places where I can get C.I for my investment.