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Gold can be a valuable addition to an investment portfolio due to its historical role as a safe haven asset and diversification benefits. However, it comes with risks such as price fluctuations, storage costs, and liquidity constraints.

Here are five investors who are often mentioned among the greatest of all time. We also dive into their top 5 investments made over their careers.

Compound interest is simply the interest added to the principal amount of money that is invested or borrowed. The principal amount and the initial interest earned yield more interest over time, resulting in a compound effect.