Am I saving blindly, or do I know where I’m going?
PSG Collective Investments
Q4 of 2023 | 8 months ago
In our recent investment presentations, my colleague Hennie Fourie provided a very good explanation of the power of compounding. He explained that although the initial amount may be quite small, doubling over time, it may grow to a very substantial amount over a 30-day period. The bigger the base, the greater the effect of compound growth over time.
Am I saving blindly, or do I know where I’m going?
PSG Collective Investments
Q4 of 2023 | 8 months ago
In our recent investment presentations, my colleague Hennie Fourie provided a very good explanation of the power of compounding. He explained that although the initial amount may be quite small, doubling over time, it may grow to a very substantial amount over a 30-day period. The bigger the base, the greater the effect of compound growth over time.