Introduction to Investment Knowledge: 9 Financial Concepts, 15 Financial Common Sense

Every brother wants to make money and spend money,

but can you understand net assets and asset allocation?

Is it a bull market or a bear market right now?

In the concept of compound interest, if you deposit 10,000 USD, and Binance's annual interest rate for current accounts is 7%, after one year you will have 10,700 USD.

So what is the principal amount for calculating interest after 10 years?

Therefore, it is necessary to understand some basic financial concepts; regarding making and spending money, life cannot be confusing.