Compound interest has a powerful impact on long-term investments. At Finhabits, the interest generated depends on the type of portfolio you invest in, which can be conservative or more aggressive. Conservative portfolios have an expected annualized return of 1.5% and 3.5%, while more aggressive portfolios can reach 6% or 7% percent. Your money starts working when you deposit it in the account, regardless of the amount.
Finhabits: What Exactly is Compound Interest? | Finhabits