The BRICS’ new world order

The BRICS’ new world order

Think back! In 2001, Goldman Sachs economist Jim O’Neill coined a new concept for emerging countries, whose growth would eventually challenge the hegemony of the advanced G7 economies. Originally formed by Brazil, Russia, India and China – then joined in 2011 by South Africa – the BRICS group has been steadily increasing its influence

Compound interest: a profitable reinvestment strategy?

Compound interest: a profitable reinvestment strategy?

When we invest our money in a fund, stock, or company that shows promising growth prospects over time, we expect our initial investment to generate a return. But what do we do with that return once it reaches maturity? We can cash it out, invest it elsewhere, or spend it ? All options are on the table. But have you ever considered reinvesting it in your initial stake?