Everything is more expensive when you're youngSun 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 ResourceTue 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.