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Fund Mojo provides investors and financial advisors with deep financial intelligence through systematic data collection, correlation and analysis, as well as a community and gateway to connect investors with peers and financial experts to help each other with investments and financial planning needs.
What is compounding?
Compounding, also known as compound interest this the ability of an investment to be reinvested and generate more income from previous income. The asset in essence earns money and that is then put back into the system in order to create more income thus compounding the income. The value of an asset increases due to compound interest and that increase is exponential.
Other Financial Terms and Vocabulary
| Data is provided for informational purposes only, and is not intended for trading purposes. Although data are gathered from sources believed to be reliable, Fund Mojo and its content providers cannot guarantee completeness and accuracy. Performance data quoted represents past performance. Fund Mojo and its content providers accept no liability for reliance on this data. |
