Would you rather have £1,000,000 in your hand right now OR £0.01 (a penny) that doubled in value every day for a month? If you took the £1,000,000, then you'd be in with 90% of the population. But this would be a mistake... Because you would've short-changed yourself by over £4,000,000! Don't believe me? Take a look at the maths. The simple act of doubling your previous day's investment can rapidly reap huge rewards. This is the concept known as compounding. 100% return every day is highly unlikely, but the principle of compounding holds true for even smaller returns. Compound interest has been called the eighth wonder of the world… And with good reason. It magically turns a little bit of money, invested wisely, into a whole lot of cash. Even Albert Einstein is said to have called it one of the greatest mathematical concepts of our time. This is why compounding is a core aspect of good personal finance and the reason why the rich get richer. Start investing now and ...