September 24, 2020

TWO things that go perfectly together (besides PB&J) are compound interest & tim…


TWO things that go perfectly together (besides PB&J) are compound interest & time. 💰🕑⠀

I wanted to display, to the best of my ability, the importance of starting to invest early. I simply took a starting balance of $1000 and added an aditional $1k every year as the model. The orange section represents how much money was contributed (similar to holding cash in a safe/ no interest) and the green is the earnings potential. I used a 7% yearly return taken from the stock market average return adjusted for inflation. 📈⠀

Hope this opens the eyes of all potential investors and why starting late could possibly hurt you in oportunity cost! 🤦♂⠀

—— Follow: @spacecitymoney for more ——⠀

Share with a friend! 👩💼👨💼⠀

⚠ I am not a financial advisor, the information provided is for educational and/or entertainment purposes only. ⚠⠀

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