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Power of Compunding

The Power of Compounding

What is 'Compound Interest'? Compound interest (or compounding interest) is interest calculated on the initial principal and also on the accumulated interest of previous periods of a deposit or loan. Thought to have originated in 17th-century Italy, compound interest...

The Power of Compounding

What is 'Compound Interest'? Compound interest (or compounding interest) is interest calculated on the initial principal and also on the accumulated interest of previous periods of a deposit or loan. Thought to have originated in 17th-century Italy, compound interest...

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What is a Mortgage Investment Corporation (MIC)

Alternative fixed income investment such as MICs (mortgage investment corporations) are becoming more popular because of their sustained returns year over year. We’ve gathered our top 7 most commonly asked questions to help inform you and hopefully shed some light on...

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