Talk about all normal (i.e. non-personal) investing questions and points, investing information, and concept.
Compounding Question
Will ten accounts with 10k in every, earn the identical quantity in compounded curiosity over time as one account with 100K?
Re: Compounding Question
Sure.
After all, that presumes that the rate of interest for a deposit of $10k is identical because the rate of interest for a deposit of $100k.
Retired life insurance coverage firm monetary government who sincerely believes that ”It’s a GREAT day to be alive!”