The Power Of Compounding - Deepstash
The Power Of Compounding

The Power Of Compounding

Would you rather have (A) $3 million upfront or (B) one penny that doubles in value every day for 31 days?

Choose any one!!

To maximise your gains, the correct answer is (B). But it doesn’t happen quickly. After 19 days you’d still only have $5,243 and you might feel pretty foolish next to a friend who chose option (A).

It’s not until day 29 that the compounding gains of option (B) net you $3 million. And by day 30 your patience would have tripled option (A). (See figure)

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prince_rahul

"A good idea should be like a girl's skirt; long enough to cover the subject and short enough to create interest."

You make choices, then choices make you !

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