Whether you make an investment towards or take a loan from a financial institution, the interest is the cost incurred on the principal amount gradually. Now you must be wondering – why is simple interest vs compound interest even a topic in the first place. It’s because the interests accumulated on an investment or a […]
Local Investment: 5 Ways to Grow Your Savings in Your Own Backyard
Local investment is all about people putting their hard-earned money back into their own community. A local economy thrives when small businesses hire and spend dollars in the local area, and investing locally is a great way to keep that cycle going strong. Ever since the SEC adopted rules to permit crowdfunding in 2015, the […]