Compound Interest: What They Don't Tell You - Deepstash
Compound Interest: What They Don't Tell You

Compound Interest: What They Don't Tell You

  • Compound interest is often portrayed by experts as a powerful tool for growing wealth.
  • However, the truth is that its effectiveness relies on starting with a large sum of money and leveraging it.
  • This tactic is better for maintaining income and deploying capital, rather than obtaining sudden wealth.

The Downside:

  • Experts highlight that a $10,000 investment grown at 15% can yield $2.5 million dollars within 40 years.
  • However, this calculation does not take into account inflation and the fact that one may be elderly or deceased by the time the investment matures.

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