Power of compounding 💰 - a powerful financial tool not taught in schools
Автор: Wali Khan
Загружено: 2021-04-08
Просмотров: 2641
Описание:
Do you know according to Einstein what is the world’s most powerful force in the world? Gravity?
No its not gravity apparently as per him – it’s the compounding. He apparently said it’s the eight wonder of the world. We shall be discussing how compounding works in this video and how it impacts overall wellbeing of financial health.
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0:00 Introduction
1:53 Approaches to buy big ticket items, 1 - Save the cash
2:21 Approaches to buy big ticket items, 2 - Take loan from the bank
3:25 Approaches to buy big ticket items, 3 - Start compound investing
3:58 Example person 1 - Investing 10K per month for 20 years, ultimately becoming a homeowner
8:21 Example person A - Investing 120K for 20 years @ 10% profit paid out yearly.
9:26 Example person B - Investing 120K for 20 years @ 10% profit paid out monthly.
10:42 Example person C - Investing 120K for 20 years @ 17% profit paid out yearly (Mutual funds).
11:20 Example person D - Investing 120K every year for 20 years @ 10% profit paid out yearly.
11:40 Example person E - Investing 120K every year for 20 years @ 17% profit paid out yearly.
12:55 Start investing ASAP
I like helping people around in their personal finance situations as well as advising on wealth management which includes but not limited to property market in UAE and Pakistan, equity and commodities markets, bonds etc. Moreover, I have a keen interest in YouTube and social media marketing along with video editing and its marketing. I also have a keen interest in world current affairs and politics. Last but not the least I am an APPLE fanboy :-)
I am open for collaborations in the areas of my expertise from anywhere in the world. Following are my contacts:
Twitter handle: @wali_2k
Insta handle: @wali_2k
Email: [email protected]
#MoneyTalks #HowToGrowMoney #Compounding
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