The magic of compounding interest

If you have no interest in launching a business of your own, the road to wealth is a pretty simple one: invest a small percentage amount of your monthly income into an area that pays consistent results (an index linked fund with no annual fees for instance) over a long period of time and then do that repeatedly for the next 30 or 40 years.

It is the ultimate expression of self-control and delayed gratification.

It is also the ultimate expression of compounding interest.