The power of compounding is an often talked about topic and has been a frequently cited element to investing. This to the extent of it being touted as the 8th Wonder of the World by Albert Einstein.
Although I have heard and known about this 'power' for quite some time and have always applied it religiously to how I dealt with my portfolio, the importance of it did resurface strongly again recently. I recently did a review and asked myself how much I was looking to have at certain ages and at retirement. As I grow older and hopefully more mature, materialistic pleasures start to take more of a backseat and financial freedom is becoming more and more of a priority. This of course is aligned to my main dream which is to be able to transit to a Full Time Investor some day and have passive income support my ......