(UPDATE: 13 March 2020 – The below article was written in August 2019 and anyone that took the information seriously would have been protected from the recent market crash. It is not too late though, the information below is even more relevant today.) In this article, I am going to explain why I think that
Interest is a percentage of money deposited or loaned that is received by the lender or depositor. In essence, it is paid in return for use of that money over time. Interest is most often calculated on an annual basis, but can be calculated for longer or shorter periods of time. For many people, interest
