Updated: May 22
Everyone knows that if you save more money you'll have more money, but have you ever seen how much faster an investment account can grow if you make regular contributions? Even when backing out the additions of capital at the end, the person who added more along the way will still have substantially more capital. That's the power of compounding.
Not only does the investment account compound with the rate of return, but every dollar that's added will also compound at that return going forward. Many people don't know how fast this multiplies, so in this video I go over the numbers showing different monthly contribution levels of 300$, 1000$, and 3000$. It makes a HUGE difference, don't overlook it.
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