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| Name | The Power of Compound Interest ( Must Watch ) |
| Video Uploader | Video From Aimstone |
| Upload Date | This Video Uploaded At 31-07-2017 23:41:09 |
| Video Discription | ★ Compounding interest is a powerful investment tool. By reinvesting your dividend and interest payments, you can significantly boost your investment returns over the long term. Compounding refers to interest which is calculated not only on the initial principal but also the accumulated interest of prior periods. Compound interest differs from simple interest in that simple interest is calculated solely as a percentage of the initial principal deposit. As a result, compounding accelerates returns as you are earning not only interest on your principal, but interest on your interest. Anyone can benefit from compounding interest. The longer your money compounds, the faster it grows. For example, if your investments earn 6% per year and your interest and dividends are reinvested, you will double your money in 12 years. You can accelerate your earning power even more by contributing principal payments to your accounts periodically. Even small deposits will realize significant benefits with compounding over the course of time. ==================================================== THE POWER OF COMPOUNDING RULES: • Start saving very early in life, early 20s • Maximize use of tax advantage account • Stay away from 401 K • Stick to low coast index fund • Do not dance in and out of fund • Play the game for 4-5 decades ==================================================== ➤ ONE UP ON WALL STREET: https://www.youtube.com/watch?v=PW_k9aPr7hI&t=193s ==================================================== how to get rich | how to become wealthy | compound interest | The Power Of Compounding | market index | dow jones | nasdaq index | global indices | stock exchange index | major stock indices | how to invest | how to invest in stocks | investing for beginners | investment income | stock market for dummies | learn to invest | beginner investing |
| Category | Howto & Style |
| Tags | The Power Of Compounding | compound interest | how to invest | how to invest in stocks | investing for beginners | stock market for dummies |
