Articles for author: Chris Divay, B.Sc. Finance

The Rise of Smart Homes: Investment or Expense?

The Rise of Smart Homes: Investment or Expense?

Market Growth Market Growth (image credits: unsplash) The global smart home market is experiencing explosive growth, with projections indicating it will surpass a staggering $200 billion by 2028. This rapid expansion is largely driven by advancements in the Internet of Things (IoT) and artificial intelligence (AI). These technologies enable devices to communicate and learn from ...

The Power of Compound Interest: The Secret to Long-Term Wealth

The Power of Compound Interest: The Secret to Long-Term Wealth

Understanding Compound Interest Understanding Compound Interest (image credits: wikimedia) Compound interest is a financial concept that often sounds complex but is actually fairly straightforward. At its core, it involves earning interest not just on your initial principal amount, but also on the interest that accumulates over time. This means that your investment grows not only ...