Interest capitalization is such a powerful tool that even Einstein once called it the most important invention in human history.
Suppose you manage to save 60 euros per month, that is, 2 euros per day. If you do this from 30 to 65 years old, you will accumulate almost 70 thousand euros, that is, an interest gain of 43 thousand euros, at an interest rate of 5% per annum.
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21/1/2024
Media appearances
3 min
Laurentiu Stan
Authorized Appraiser
Laurentiu Stan has almost two decades of experience in the field of business valuations, tangible and intangible assets. Currently, it focuses on the development of two innovative concepts in Romania, Value Growth and Exit Planning Advisory. During his career, he has received certifications and recognitions from prestigious national and international valuation organizations, including Certified Valuation Analyst — CVA ™️ awarded by The European Association Of Certified Valuators And Analysts — EACVA ™️ and the title of Recognised European Valuer — REV® ️ awarded by The European Group Of Valuers' Associations — TeGova. He is also a member of the prestigious The Royal Institution of Chartered Surveyors — RICS and an ANEVAR Accredited Member (MAA) for the specialisation in Valuations of Enterprises, Trade Funds and Other Intangible Assets.
