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613 the 8-4-3 rule of compounding

613 the 8-4-3 rule of compounding

Season 6 Published 10 hours ago
Description

In this episode Dev explains the basics of compounding and why it pays to invest as early as possible. He touches on:


👉🏾 what is compounding and compound interest vs simple interest

👉🏿 what is 8-4-3 rule?

👉 why waiting to invest is a risk

👉🏻 practical examples


Dev Raga Personal Finance is proudly supported by Sphere Home Loans and Skye Wealth.


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Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs. The host of this podcast is an authorised representative of Money Sherpa PTY LTD, which holds financial services license 451289. To download the financial services guide, please visit: https://moneymoneymoney.squarespace.com/s/FSG-Dev-Raga-Personal-Finance-August-2025.pdf


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