Hello, New investor here. For some reason I am having trouble understanding this concept and was hoping someone could help. When I read about compounding interest the example always talks about how if you invest at X age and receive an average annual return of X then in X years you will have X with compounding interest. This makes perfect sense to me if I were investing in a savings account but what about if I am investing in mutual funds? If I am investing the same amount per year in the same funds in an IRA without selling how do you receive an annual return that can receive the benefit of compounding interest? Thanks!
Submitted February 04, 2019 at 09:40AM by troymclure79 http://bit.ly/2BjeZ1n
