The Magic of Compound Interest

The Magic of Compound Interest

The most powerful tool in the financial world is that of compounding. It is a phenomenon which even amazed Albert Einstein who was said to call it the 8th Wonder of the World. So what is it all about?Essentially compounding is reinvesting the returns you make on an...

Reasons why an endowment is not for you…..

Reasons why an endowment is not for you…..

Endowments are policy contracts which commit you to a minimum investment period of 5 years after which the proceeds are tax free. They basically provide a so called “wrapper” around various funds of choice which may be invested in various assets, such as, equities,...