📈 The Power of Compound Interest #shorts

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

[AW-gjji]

I’m afraid it’s too late for Timmy, he’s no longer little. He would be in his 60s to achieve what Billy has right now.

[sohamgupta]

You missed the part where billy becomes depressed and has no friends and doesn't go outside during the prime time of his life.

[ScoBro]

Don't forget to also enjoy life... It is a balance.

[TheKingdomofGorillas]

I wouldn’t retire early I would keep on going no matter how hard the work is

[thebricktortoise]

Inflation be like: you disrespect me you disrespect my family

[pismo_theGOAT__]

The 5 yo really said "Ima invest is" bro is grinding 💪💪

[jbferrer]

Some kind of brother you are! All this time and you didn’t put him on to what you were doing. He would’ve probably been impressed and started investing.

[Itsleast]

Timmy actually spent and had fun with his money as not every day is promised.

[Nako]

*Me in my room stuffing my face with potato chips* "Hmm... interesting"

[gosling]

At least Timmy actually lived his life

[Overloard]

Bro just explained a whole dhar mann video

[mutuloma]

bro billy is smart even smarter than me

[SpanishOrVanish_Learn_SPANISH]

"I GOT THE RAISE! I GONNA GO AND INV-"
*"get tf outta my room"*

[irakli-k]

"There was a huge inflation, so, your bank account is worthless, have a nice day"

[kjwgkri]

Plot twist : Billy died the next day 😂😂😂😂

[yuresko]

"My brother doesn't understand how to spend money correctly, so instead of helping him right now and telling him about his mistakes, im going to invest and tell him how to do things correctly when I will retire and he won't be able to🤓"

[AmazingIken]

I like how Timmy was so happy he can finally get candy

[alexcruse]

"I knew if I saved and invested, I would never feel the touch of a woman"

[FamilyTVAcount]

“Ahh yes Father I shall go and invest my money in the stock market”

[scarletshivers]

You missed the part where Timmy actually enjoyed and lived his life, knowing that any day he could just die. Stocks can't bring you back to life.