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Everything is more expensive when you're young

Sun Aug 20 2023

Einstein called it "the most powerful force in the universe," compound interest stands as a cornerstone concept in finance. Regrettably, despite its significance, it remains a misunderstood concept for many. In its essence, compound interest signifies the phenomenon of interest earning interest over time, multiplying the growth of your initial investment.

Time is Your Only Finite Resource

Tue Aug 08 2023

I was watching youtube the other day and stumbled upon an interesting video. In it a youtuber asked a passerby if they’d accept $10 million if offered. Obviously the answer was yes, who wouldn’t. The youtuber then asked if they’d accept the $10 million if it meant they wouldn’t wake the next day. This time the answer was a definitive no.