WebWhat Einstein truly meant: Bitcoin is the 8th wonder of the world. This thread is archived . New comments cannot be posted and votes cannot be cast . Related Topics . Bitcoin Crypto . comments sorted by Best Top New Controversial Q&A [deleted] • Additional comment actions. Is this an actual Einstein quote? WebNov 28, 2024 · While it is up for debate if Albert Einstein ever said the above quote or called compound interest the eighth wonder of the world, there is truth in the sentiment. Compound interest can change your …
The Eighth Wonder of the World Is Compound Interest
WebMay 19, 2024 · Fact Checked. History’s most famous scientist is said to have once described compound interest as “the eighth wonder of the world”. “He who understands it, earns it; he who doesn’t, pays it,” Albert Einstein reportedly said. The beauty of compound interest is that it allows you to earn interest on your interest – so that while you ... WebAlbert Einstein once said about compound growth ‘…it’s the eighth wonder of the world. He who understands it, earns it; he who doesn’t, pays it’. Compound growth is simply where you earn money on money. So if you have £100 and it grew by 10% you’d have £110, then if the £110 grew by 10% the following year you’d have £121 and ... the great courses earth changing climate
Compound Interest Is Man’s Greatest Invention - Quote Investigator
WebEinstein’s quote also highlights that if you don’t understand compounding interest it will work against you. An example is the compounding of interest on loans, which is a … WebJan 16, 2014 - Quote of The Day "Compound interest is the eighth wonder of the world. He who understands it, earns it ... he who doesn't, pays it." Albert Einstein WebApr 12, 2024 · Listen now (34 min) Access to CRE syndications built on Blockchain with HoneyBricks’ CEO, Andy Crebar the great courses einstein