tag:blogger.com,1999:blog-7896998645146042950.post2756465433770360693..comments2024-03-28T10:24:52.662+03:00Comments on 50 Plus Finance: Choosing Between Simple Interest and Compound InterestDavid Letohttp://www.blogger.com/profile/17812482108962723457noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-7896998645146042950.post-20458866231866157312013-08-28T00:59:49.104+03:002013-08-28T00:59:49.104+03:00Well, I think given a choice and with the right te...Well, I think given a choice and with the right temperament and discipline, going with compound interest seems like a far better option. In the long run you can out better off as long as inflation doesn't eat into your accumulated earnings. Am sure one can take steps to mitigate that.<br />Additionally, when you think about it, a lot of wealth building is predicated on the compound interest concept. Invest now and that money will "keep working" for you for a very long time.Simon @ Modest Moneyhttp://modestmoney.comnoreply@blogger.com