Tue, 14 June 2022
13:00 - 14:00
Online via Zoom- link will only be available on IOB Learn
From your desktop
From IOB Learn App
Tue, 14 June 2022
13:00 - 14:00
Online via Zoom- link will only be available on IOB Learn
From your desktop
From IOB Learn App
According to Albert Einstein, compound interest is the eighth wonder of the world! The power of compounding allows us to put our money to work for us (and not the other way round).
In this presentation we will explore the dramatic impact compounding can have on wealth accumulation. It will cover the basic principle of compounding, show its relevance across finance, and explore some subtle implications for wealth management including the importance to early saving and the opportunity cost of discretionary spending.
There is 0.5 CPD hours for the following Designations:
QFA (Life Assurance, Savings and Investment, Pensions, Loans and Consumer Credit)
APA (Life Assurance, Savings and Investment, Pensions, Loans and Consumer Credit)
Registered Stockbroker (Life Assurance, Savings and Investment, Pensions, Loans and Consumer Credit)
Professional Banker
Chartered Banker
LCI
MCI