that compound interest is such a great thing
Conpound interest is one of the most greatest invention of economist.
Compound interest is probably one of the best ways to make money
I don't understand. Isn't that just reinvesting?
You can either take the income, or invest it in whole or in part. What is so special about this?
I check the definition:
https://en.wikipedia.org/wiki/Compound_interestCompound interest is the addition of interest to the principal sum of a loan or deposit, or in other words, interest on interest. It is the result of reinvesting interest, rather than paying it out, so that interest in the next period is then earned on the principal sum plus previously accumulated interest. Compound interest is standard in finance and economics.
But you describe everything as if you discovered some kind of grail.