How To Earn COMPOUND INTEREST & Double Your Money

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How To Earn COMPOUND INTEREST & Double Your Money
0:00 - Video starts
2:31 - Doubling a penny
3:10 - Actively compound your money
6:15 - Passively compound your money

What Is The Minority Mindset?
It's thinking differently than the majority of people.

Minority Mindset was founded to revolutionize the way Money Minds think about money and to make financial literacy fun. We do this by sharing videos, articles and resources on how to make, save and invest money. #RethinkRich

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Video host: Jaspreet Singh

DISCLAIMER: This description may contain links from our affiliates, sponsors, and partners. If you use these products, we will get compensated - but there's no additional cost to you.

DISCLAIMER CONT'D: I'm just a random guy on YouTube so do your own research! Jaspreet Singh is not a licensed financial advisor. He is a licensed attorney, but is he is not providing you with legal advice in these videos. This video, the topics discussed, and ideas presented are Jaspreet's opinions and presented for entertainment purposes only. The information presented should not be construed as financial or legal advice. Always do your own due diligence.

[BillyBob-rrse]

“Compound interest is the eighth wonder of the world. He who understands it, earns it; he who doesn't, pays it”

[lucianorodriguez]

No billionaire got there by salaries. Invest your money and let your money work for you

[fdm]

My mother showed us this exercise back in the 70s. Mom was ahead of the game!

[kevinfong]

That makes sense, good thing is, people are getting to know Cash is thrash! It is designed to fail. 3 BEST and surprisingly easy ways to double/hold your funds in 2021; Real Estates, Gold, who can guess the 3rd?

[emilychang]

Wealth results from assets — NOT from a high paying job...
...NOT from saving money in the bank

...NOT from working hard, but from appreciating (ideally cash flowing) assets

[financemadesimple-personal]

It really is this simple, so why don't most apply it? Most want to be rich overnight, while those that do apply it understand they will be wealthy over time.

[Je.rone_]

A wise man once said first you get the money, then you get the power

[marvinphillips]

If public schools taught everyone about compound interest, like they teach you basic Math, English, Science, or Phys Ed no one would have to worry about money when they retire.

[dsmely]

Jaspreet I've learned so much about fiscal responsibility from watching you. You Rock Bro!!

[bmwuzwm]

"Your money having babies" I love that.

[tareshtheentrepreneur]

When your mind changes, your life changes. Mindset is all it takes to be a millionaire - Warren Buffett

[RaviWadan]

Minority Mindset has probably changed the lives of thousands of people! Great work!

[Jaymake]

Jaspreet pointed out something in our education system in the US. In grade school we were taught to save money & learned little about the big opportunities of compounding. We need this education. Great vid Jaspreet

[McChadsworth]

I know I'm focusing on the wrong part of the story, but the video thumbnail image looks a little suggestive...

[cryptoflippodcast]

Great video!

A great book on compound is "The compound effect" ❤️

[Jaymake]

This is how to start the morning off. Minority mindset newsletter & YouTube video. It’s gonna be a great day

[nickdoyle-achievefinancial]

The earlier you start, the sooner you reach the explosive growth! It starts slow, but is powerful.

[D_Pitt]

Thanks to you and your team! Clear and concise teaching. Easy to follow and understand 👍🏿

[nickdoyle-achievefinancial]

I agree, compounding skills is very important. I’ve doubled my income more than once and it’s empowering. I made a vid with 6 tips.

[sidwhiting]

Great video, Jaspreet! Have you ever done one on the difference between compound interest and annualized returns? I find a lot of people don't understand the subtle but very important concept when evaluating how one's investments perform.