Frequently Asked Questions
Find answers to common questions about investment calculator, compound interest, and financial planning.
Power of Compound Interest
The longer you invest, the harder compound interest works for you. Even small regular contributions can lead to significant amounts over time.
Start as Early as Possible
Time is your best ally in investing. The earlier you start, the more time your money has to grow.
Consistency is Key
Regular contributions, even small ones, can yield better results than large one-time investments.
Diversify Your Investments
Don't put all your eggs in one basket. Spread your investments across different assets to reduce risks.
Compound interest is interest calculated not only on the initial principal but also on the accumulated interest. This significantly accelerates the growth of your investments over time. It's one of the most powerful concepts in finance, often called the "eighth wonder of the world" by Albert Einstein.