Category: Financial Independence

The Power of Compound Interest

interest

What smart men say about compound interest

Let’s start with a few interesting quotes on compound interest.

Einstein: Compound interest is the eighth wonder of the world. He who understands it, earns it … he who doesn’t … pays it.

Warren Buffet: My wealth has come from a combination of living in America, some lucky genes, and compound interest.

Read more.

What is Crowdlending?

crowdlending

The Crowdlending Industry

Crowdlending is a form of debt financing. A large number of unrelated people (hence crowd) lend funds directly to borrowers. In return, lenders receive interest for investing.

Crowdlending platforms facilitate the connection between lenders and borrowers. This means traditional financing institutes are bypassed completely. Crowdlending is often referred to as P2P lending as well.

Read more.