Compounding interest – I feel like I’m missing something

Compounding interest - I feel like I’m missing something I get compounding interest. Interest on interest. Great. But it implies realizing your gains does it not? Or at least getting dividends and reinvesting those? I invest $100, I GET $10, then $110 is reinvested and then I GET $11 and the cycle continues. What I don’t understand is compounding interest in the context of simple ETF investing (no di...

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