One of the biggest financial advantages out there is something anyone can access by opening a simple retirement account: compound interest. Retirement accounts such as 401(k)s and Roth IRAs aren't ...

In the good old days, young Americans went to work for an employer who would promise a comfortable retirement in the form of a pension plan — that is, a defined-benefit plan. Today, it's increasingly ...

In investing, compounding involves reinvesting the earnings an asset generates so they produce additional gains over time. Compounding is a powerful investment tool because it not only provides gains ...

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James Chen, CMT is an expert trader, investment adviser, and global market strategist. Charlene Rhinehart is a CPA , CFE, chair of an Illinois CPA Society committee, and has a degree in accounting and ...