Hellow guys, Welcome to my website, and you are watching 📈 The Power of Compound Interest #shorts. and this vIdeo is uploaded by Sean Pan at 2022-12-21T08:08:54-08:00. We are pramote this video only for entertainment and educational perpose only. So, I hop you like our website.
| Name | 📈 The Power of Compound Interest #shorts |
| Video Uploader | Video From Sean Pan |
| Upload Date | This Video Uploaded At 21-12-2022 11:08:54 |
| Video Discription | ✅ ✅Get up to 12 FREE stocks worth up to $30,000 by opening an account with Webull and depositing at least $100: https://a.webull.com/i/SeanPan Albert Einstein once said: “Compound interest is the eighth wonder of the world. He who understands it, earns it … he who doesn’t … pays it.” 💵 While it may be tempting to spend everything you make, you’ll end up much wealthier if you invest as much and as early as you can. As an example, let’s say we have two people, Albert and Barry who invest in a fund that gives them 7% a year. 🕺🏻Albert invests $5,000 a year at age 18. He stops investing after 10 years and just lets the investments continue to grow. 🕺On the other hand , Barry also invests $5,000 a year but starts at age 28 and continues his annual $5,000 contribution until he retires at age 58. At the end of it, Albert invested for 10 years early on and only put in $50,000, whereas Barry invested $150,000 over 30 years. Who do you think has more money at the end? 🕺🏻🎉 Surprisingly, Albert has more money over time with $521,000 whereas Barry only has $502,000! The point is, it pays to invest as early as possible! 👍 If you haven’t invested yet, it’s ok! It’s better to start now than never at all. *Please note that the information in this video is for educational and entertainment purposes only and should not be taken as financial or investment advice. Any investments or financial decisions you make based on the information in this video are at your own risk. The links in the description above may include affiliate commissions or referrals, and I may receive compensation from partner websites. #investing #compoundinterest #stockmarket |
| Category | Education |
| Tags | Compound interest | Investing | Stock market | Invest in stocks | Financial freedom | Retire early | Stock market investing | Compounding | Power of compounding | How to retire early | Investing tips | Compound interest explained |
