The Terrifying Power of Compound Interest
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Video Transcript
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Most people are terrified of ghosts, but there is something far scarier. The ghost of
the wealth you never built. Meet Compound Interest. It is interest earned on interest.
A cycle that builds your fortune while you sleep. Saving for a dream vacation?
Compound interest turns your small pebbles into a mountain. Buying a car? The earlier you
start, the less you have to work for it. The Rule of
72. Divide it by your interest rate to see your money double.
Waiting ten years is a curse. It could cost you a fortune in lost growth.
The secret is time. Start investing today, even with just a few dollars.
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