ELIF: is there a difference? $5k in two distinct accounts each invested in identical mutual fund, or $10k in one account in the mutual fund?
I know I know.. this is probably a dumb question… 😬but I’m trying to grasp how compounding interest works..
Let’s say I hold these accounts for 10 years. Do I come out ahead if I just have one account with all 10k rather than split between two accounts? Or, does it make no difference?