Covid-19 first arrived at our shore on 25-Jan-2020 and it has been raging on for the last 18 months. In Malaysia, more than 1.1 Million people have contracted the disease with over 10,000 deaths recorded.
In recent times we have seen record retail participation in stock markets around the world. On surface, building wealth through stock investment can appear and even sound easy. The trouble is human greed, unrealistic expectations, and impatience can often lead to overtrading and terrible underperformance very quickly.
Compounding interest – is this the greatest mathematical discovery in human history? I have always been fascinated by the concept and power of compounding. In financial terms, compounding refers to the process of earning the returns on principal (the original amount you invested) plus the return that was earned earlier.