Effect of Compounding Frequency

One of the most powerful forces in economics and finance is compound interest. 

Not everyone understands compound interest, even though they may reap its benefits or suffer its consequences. 

Compounding has the potential to build fortunes and wreck empires. The effects of compounding are also not limited to interest payments. It can apply to a great many things in and out of the natural world.

Learn more about compound interest, how it works and its awesome potential on this episode of Everything Everywhere Daily.

Sponsors

• Quince
• Go to quince.com/daily for 365-day returns, plus free shipping on your order!
• Mint Mobile
• Get your 3-month Unlimited wireless plan for just 15 bucks a month at mintmobile.com/eed
• Stash
• Go to get.stash.com/EVERYTHING to see how you can
  receive $25 towards your first stock purchase.
• Newspaper.com
• Go to Newspapers.com to get a gift subscription for the family historian in your life!

Subscribe to the podcast! 

https://everything-everywhere.com/everything-everywhere-daily-podcast/

--------------------------------

Executive Producer: Charles Daniel

Associate Producers: Austin Oetken & Cameron Kieffer

Become a supporter on Patreon: https://www.patreon.com/everythingeverywhere

Discord Server: https://discord.gg/UkRUJFh

Instagram: https://www.instagram.com/everythingeverywhere/

Facebook Group: https://www.facebook.com/groups/everythingeverywheredaily

Twitter: https://twitter.com/everywheretrip

Website: https://everything-everywhere.com/ 

Disce aliquid novi cotidie

Learn more about your ad choices. Visit megaphone.fm/adchoices