There’s a new idea around that there is no compounding benefit in mutual fund investment. This seems to have started as one of those social media attention-getting statements and has taken on a life of its own. I see ‘finfluencer’ types repeating this as a great piece of revealed wisdom, implying that this is the reason why it does not make sense to invest in mutual funds and usually accompanying it is an invitation to take up that finfluencer’s advice. I guess everyone has to make a living, but ..