How can I get compound interest?

[Reece Gaynes]

How can I get compound interest and what will it do for me financially?

[Jeff S.]

Both Sam Bronfman (of Seagram's fame) and Albert Einstein are rumored to have said that compound interest is the most powerful force in the universe. Whether true of not, its effect on your wealth is undeniable and all investors should understand the time value of money.

One way to learn is to buy an HP 10Bii financial calculator or download the equivalent app here. There are many ways to learn how to use it.

Gary Johnston teaches several excellent moderately priced seminars on investing using a financial calculator, though only in the US. Helpful to anyone, every other week his website offers a calculator problem and solutions to the prior week's problem. These range from simple interest calculations to some more sophisticated investment strategies involving optioning, discounting, uneven cash flows, and the like. This is also a great way to learn about notes.

I highly recommend Gary's seminars to anyone who can get to them, but if you can't, then master the sample problems on his website and also find someone local who teaches a financial calculator class.  I know there are many YouTube videos on this. Good luck @Reece Gaynes.