Скачать или смотреть Is compound interest a lie? Compound interest explained

You've probably seen conflicting ideas about compound interest, but which ones are true? In this video, I explain compound interest, why it can make you rich, and how it quietly explodes over decades. We’ll look at simple vs compound interest, why starting in your 20s matters so much, but also why it can bankrupt you.

By the end, you'll gain an appreciation for how powerful it is and how long it takes to make your first million. This understanding will help you with your investing journey and developing a strong money mindset for how to build wealth.

00:00 Compound interest will make you rich
00:30 Bajillion pc returns
01:34 Money in the bank
02:23 Simple interest
02:52 Why it doesn't work for most
05:22 What can you wake up to
05:37 True story
07:10 Start investing now
08:24 Compound debt
09:08 Fees
10:17 What weve learned

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