I understand the concept of compound interest, but how does it work for an ETF? Doesn't the value of the fund fluctuate year over year?
Is the compounding based on dividend payouts that can be reinvested back into the ETF, then the next dividend payout is based on shares of ETF + first dividend payout?
Submitted January 06, 2017 at 09:28AM by AdultinginBoston http://ift.tt/2i0ppdm
