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RE: Let´s talk about Compound Interest
Greetings @ josevas217
A very precise and didactic explanation of the compounding intenses, for investment purposes as long as the price remains more or less stable it is magnificent and your profit would be exponential. However in years ago in Venezuela debts were charged with compound interest and it is where the banks were fast cash and tangible assets because the stop paying a fee and this is capitalized to make it increasingly difficult to pay the loan.
Thank you very much for sharing your publication
I didn't know about the compound interest charge on bank loans, how crazy. This makes it impossible to pay off a debt.
That was many years ago. What I mean is that just as it was difficult to repay loans and very profitable to use compound interest for investments. The two sides of the coin.
Greetings and thank you very much for sharing such an interesting publication.