The 14 Best Compound Interest Investments: How to Take Advantage of Compound Growth
Good Financial Cents
DECEMBER 9, 2022
1) Certificates of Deposit (CDs). For those of you who like to see the numbers, here’s an example of compound interest at work: Suppose you invest $1,000 in a five-year certificate of deposit, paying 5% and compounded annually. Interest Rate Actual Number of Years to Double Your Investment Rule of 72 Calculation 1% 69.66
Let's personalize your content