Shri Einstein and his belief that compounding is the eighth wonder of the world are very well-known. But, what does compounding really mean for you as an investor and how can you benefit from the power of compounding? In this podcast series, Edelweiss Mutual Fund, in collaboration with Vinayak Sapre, brings to you Nivesh Sanskar that can be learnt from the stories that you have grown up hearing.
Key takeaways:
· Compounding can potentially help you grow your wealth exponentially. Yet, many people are unable to reap the true benefits of compounding.
· This is because most people delay the investment decision. Even a small delay of five years in starting your investment journey can have a big impact on your overall returns.
· In order to truly benefit from compounding, it is important for you to start your investing journey as early as possible, and continue investing in a patient and disciplined manner.
You can listen to the podcast on the Edelweiss Mutual Fund website, Spotify, Google Podcasts, and Apple Podcast. We hope you enjoyed this podcast and will tune in to listen to more such podcasts on investing nuggets.