Financial Literacy Foundation - Compounding
15 min! Run Time
Employees
only
Provided
Friendly
Access
Skills covered in this course
Description
Albert Einstein reportedly called compounding the eighth wonder of the world. This short course reveals why, and what it means for your money.
It explains how compounding works and why it is one of the most powerful forces in growing wealth over time.
Part of the Financial Literacy Foundation series, for anyone who wants to understand how their money can grow.
Table of Contents
1. The marvel of compounding
2. The role of compounding frequency
System Requirements
See System Requirements in the Coggno Knowledge Base
Author
Zola Sookias, Founder & Managing Director
Mr Sookias has extensive experience in investment management, including roles in equity and fixed income analysis, portfolio management, DB and DC pension consulting, product development, manager search & selection, fund performance evaluation and monitoring, and investment publishing.
He has worked with major US investment houses, notably Black Rock Asset Management, Morgan Stanley and Bank of America, as well as a boutique firm specialising in the natural resources sector where he was the senior metals and mining analyst.
His European experience has been with Irish Life International and SEB where he was responsible for developing the investment platform serving the pan-European market, and Black Rock Asset Management Ireland, where he was Investment Director responsible for governance and oversight for the company’s Irish-domiciled active and passive funds.
Mr Sookias holds a BSc. in Geology & Chemistry and an MSc. in Mineral Exploration from the Royal School of Mines, Imperial College, University of London.