Imagine what it would be like to have invested $100 in the stock market in 1928 and held on to it until today. What’s the growth of $100 invested in 1928? $100 invested in the stock market in 1928 would be worth over $450,000 today. Not bad! The growth of the different asset classes is shown…
Imagine if you could develop a strategy that would double your money, no matter how small the initial amount is, over the course of the next year. For instance, if you currently have only $0.01, consider what would happen if you kept doubling it each day to make $0.02 the next day, $0.04 the day…
While many of us may not be alive in the next 100 years, it would be fascinating to understand how much you could accumulate by then if you were to begin doubling your money every year. Investment experts always advise focusing on long-term objectives, and this case study will help us comprehend why this advice…
One effective way to grow your money in the long term is through consistently saving and investing. In today’s article, we will explain how much you can accumulate after 10 years if you double your money every month. The goal of this article is to demonstrate the power of compounding and consistency, regardless of your…
Wealth accumulation requires the discipline of saving and investing over an extended period, with an emphasis on starting as early as possible. You don’t have to wait until you’ve amassed a substantial five- or six-figure balance in your bank account to embark on your investment journey. In today’s article, we will discuss how to enhance…
Have you ever thought the $10 in your pocket was sufficient to make a fortune? Yes, you heard it right! I can imagine you saying this is a white lie! People like me just live in hypothetical situations that never become real. Let me clarify that this is neither a magic trick nor am I…
What if you could turn $1 into a fortune? Or even $10? Sounds like a fairy tale, doesn’t it? But what if we told you it’s possible, at least theoretically? It’s basic compounding at its full potential! We’ll show you how much $1 Vs. $10 doubled daily for a month end up being. Excited yet?…
Did you know you could turn $ 1,000 into a billion in 21 days? This phenomenon is no magic trick but the principle of daily doubling. If someone offered you one billion dollars or $1000 that doubled daily for 30 days, you would not take the billion dollars up front (if you made some quick…
“Compound interest is the eight wonder of the world. He who understands it, earns it….he who doesn’t, pays it” -Albert Einstein Presumably, Albert Einstein said the words above, and likewise, Benjamin Franklin said that time is money. Unfortunately, we seem to forget these very simple principles when it comes to most decision-making – be it…
