The Power Of Compounding

#shorts

[isaacorellana]

We get the math, just nobody is taught where to put it.

[robbyfrank]

You forgot to mention that with 8% annual inflation, your $10k is worth $3k at 2% interest rate after 25 years, and your $10k is worth maybe $25k after 50 years at 12% interest rate.

[germandream]

Ok and on which Website can i get the 12% ?

[HH-levi]

For those of you that are unaware he's not talking about a savings account. You can't compound shit in a standard savings account.

[toosweet]

Where do you compound money? What bank or institution?

[InvestBetter.]

If you add 12% interest to 10k, for 8 years, you don't get $40k, so there's something missing from this formula.

[mgmedia]

Now my question is where do I get 12% return lol

[SomeBodyIUsedToKnow]

At the start you could buy a cheap car for 10k. At the end of the 40+ years the same car costs the millions you now have. Inflation got you good lol

[billjohnsonpgc]

So tell me where to throw my 10k then bro damn

[elliottphillips]

Where the hell are u going to get an a steady percentage of 12% off of 10k. Not your avg savings in a bank ?