Power of Compounding - What can we learn from it?

Power of Compounding - What can we learn from it?

00:00 Intro
01:20 Money doubling every day
01:49 Lesson 1 - 10 times double make 1000 times
02:31 Lesson 2 - Give time for compounding to do its magic
03:20 Lesson 3 - Same effort to double 1 to 2 and 512 to 1024
03:52 A practical example
05:31 Compounding parameters - 1. Amount of Savings
06:01 Compounding parameters - 1. Return Rate
06:19 Invested Period

Google sheet used in the episode:
https://docs.google.com/spreadsheets/...
(Instructions to copy the file:
If you are using mobile, click the three dots in the top right corner, then export & Share and then make a copy. That will copy the file to your account so that you can edit. If you are in a desktop computer, go to File - Make a Copy to copy the file.)

Compound Interest Calculator:
http://www.moneychimp.com/calculator/...

Web Post:
https://vijaymohans.com/power-of-comp...

Books referred in this episode (Amazon affiliated links):
Atomic Habits: https://amzn.to/3ffbdgH
The compound Effect: https://amzn.to/3THRc1s

LinkedIn:   / vijay-mohan-sn  
Twitter:   / invstmntinsght  
Web: https://vijaymohans.com/

#VijayMohan #InvestmentInsightsEnglish #PowerOfCompounding

DISCLAIMER:
The content of this video is my own opinions and is for information purposes only. It is not intended as a substitute for professional financial advice. It is only intended to provide education about investments.