Why The Power Of Compound Interest Is Unfathomable - The Lawless Force
发布时间 2020-07-01 19:00:02 来源
摘要
We all know that savings and investing are good for us, but how powerful really is investing and more specifically compound growth. Albert Einstein actually labels compound interest as the most powerful force in the entire universe and calls it the eight wonder of the world. This video explores the importance of growth rate, contributions, and most importantly time when looking at investments. It also looks at many hypothetical and real-life examples of compound growth to illustrate the raw power of compound growth which destroys some of the other most powerful forces in the world like the speed of light and black holes.
Timestamps:
0:00 - The Power of Compound Interest
0:34 - The Mind-Boggling Speed
1:32 - The Importance of ROI
2:56 - The Importance of Time
3:42 - Amazon Compound Growth
5:36 - Warren Buffett Compound Growth
6:05 - Compound Growth vs. Speed of Light
7:10 - COVID 19 Compound Growth
Resources:
https://pastebin.com/bpcKAtTB
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