Compounding interest

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I’ve gotten as far as buying $1000 worth of XEQT in TFSA do I just leave it for 30 years now?

In: Economics

7 Answers

Anonymous 0 Comments

You usually don’t earn any interest on shares and stocks.

The shares you buy may go up in value, but you will not have more shares.

You may also earn dividends and reinvesting those over and over again, would be sort of like compound interest, but this is not usually the main way to increase the value of your .

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