📈 The Magic of Compound Interest for Stocks & Crypto
Compound interest makes your assets grow exponentially over time. Whether you're trading stocks, investing in crypto (Bitcoin), or saving via an ISA, this calculator will help you project your returns accurately.
Frequently Asked Questions (FAQ)
Q. Is it useful for daily crypto trading (1% yield)?
A. Yes, absolutely. Set the 'Time Unit' to [Days] and yield to 1% to see the power of daily compounding.
Q. Can I use it as an annual calculator for long-term investments?
A. Yes. For long-term investments like ETFs or dividend stocks, set it to [Years] to use it as an annual compound calculator.
Q. What is the difference between daily and monthly calculations?
A. For short-term trading, set it to [Days]. For mid-to-long term investments (savings or dividends), set it to [Months].
Q. How can I use it for regular contributions?
A. Fully supported. Just enter the amount to add each month (or day) in the 'Regular Addition' section and watch your investment grow.
Q. How is tax applied (e.g. ISA vs standard)?
A. The UK has tax-free wrappers like ISAs (0%). If investing outside an ISA, you can select Basic (20%), Higher (40%), or Additional (45%) rate to calculate your true after-tax returns.