On the importance of group economics, ownership,and financial literacy.
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Does the idea of watching your money grow right in front of your eyes sound appealing? This is what compound interest can do for you.
The U.S banking system may as well be stuck in the 1990s. Trying to wire any major sums between banks will take days to clear, even in an age where digital bank accounts are common.
Warren Buffet, one of the world’s most successful investors, acknowledges that stock picking doesn’t work for everybody and recommends: investing in low-cost index funds. Further, he says that index funds are, “the most sensible equity investment for most average and long term investors.”
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