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The Power of Compound Interest

Investment Saving

This National Savings Month, let's explore the magic of compound interest - a powerful tool that can significantly boost your savings and investments over time.

  • Start Early.  The earlier you begin saving, the more time your money has to compound and grow.
  • Consistent Contributions.  Regularly contribute to your investment accounts, allowing interest to compound on both your initial deposit and accumulated interest.
  • Reinvest Dividends.  Reinvest your dividends whether it's in the security that generated the dividend or reinvesting in your money market fund.  This reinvestment maximizes the compounding effect.
  • Patience Pays Off.  Understand that compounding is a gradual process.  Be patient and let time work in your favor.

Harness the power of compound interest to amplify your savings and investments, helping you achieve your financial goals sooner.

 

Ready to supercharge your savings? At Avisen, we implement strategies that maximize your growth. Do you have investments or savings (outside of Avisen) that may not be working as hard as they should be?  Let's explore together how we can maximize the power of compound interest in all of your financial assets. 

 

Schedule a consultation with us to discuss your assets held away from Avisen by giving us a call at 916-480-2747, or CLICK HERE to schedule a time with us on our calendar.

 

Sincerely,

Michelle & Ken



This information has been drawn from sources believed to be reliable. Every effort has been made to assure the accuracy of the information, however, the accuracy of this information is not guaranteed. All investing is subject to risk, including possible loss of money you invest. Diversification does not ensure a profit or protect against a loss. The information provided in this commentary is for informational purposes only and is not a solicitation to buy and/or sell. Investors must consider the investment objectives, risks, charges and expenses of any investment carefully before investing. Avisen Wealth Management (Member FINRA/SIPC) does not provide tax or legal advice. Please consult your accountant &/or legal counsel for guidance.