How Does Compound Interest Work?

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  • Опубликовано: 2 июн 2024
  • Compress Decades Into Days. Get Dan Lok’s World-Class Training Solutions to Grow Your Income, Influence and Wealth Today. Start Here ► danlok-shop.danlok.link
    Did You Know That Compound Interest Is One Of The Most Fundamental Concepts In Finance? Knowing How To Make Money Work For You Is Essential To Building Wealth.
    By Watching This Video, You Will Learn The Time Value Of Money As Well As The Core Principles Of Compound Interest, Such As The Differences Between Saving And Investing. Discover How To Manage Your Money Like The Rich And Dramatically Grow Your Wealth Through Compound Interest Now.
    Experience Dan Lok Live (In Person Or Virtual) And Discover The Secrets To Scaling Your Business
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    ▬▬▬▬▬▬▬▬▬▬ Video Highlights ▬▬▬▬▬▬▬▬▬▬
    0:00 - Intro: How Does Compound Interest Work
    0:19 - Simple Interest Explained
    0:53 - Compound Interest Explained
    2:05 - The Difference Between Saving And Investing
    #BuildWealth #CompoundInterest #FinancialEducation
    This video is about How Does Compound Interest Work.
    • How Does Compound Inte...

Комментарии • 98

  • @deepakdulal9346
    @deepakdulal9346 3 года назад +23

    I am a 13 year old boy but i know how the business work after watching videos of dan lok and Robert kiyosaki. I have also read books of Robert kiyosaki rich dad poor dad and dan lok book f.u money. This book improved my life by telling me how the cash you and business work. I will be the youngest billionaire in the world.thank you.

    • @eliasaiyenero6127
      @eliasaiyenero6127 5 месяцев назад +1

      How is it going champ?

    • @maisymorris7506
      @maisymorris7506 2 месяца назад +1

      Well done you for starting young. I’d love to see you on tv when you’ve made history x

  • @GrowYourWealth101
    @GrowYourWealth101 3 года назад +34

    "A river cuts through a rock not because of its power but it's persistence!" 🙏

  • @ELI5FI
    @ELI5FI 3 года назад +12

    Compound interest is what helped me to become a millionaire! Once you learn this concept you'll be amazed at how your money can grow like a snowball.

    • @lanalove1985
      @lanalove1985 Год назад

      Could you help me learn more on the best way to do this

  • @ThreeTwentyTech
    @ThreeTwentyTech 3 года назад +18

    Compound interest is very useful when investing your money!

  • @SY-sp8uo
    @SY-sp8uo 3 года назад +6

    And school keeps teaching us for integrals while we actually need it. 💯

  • @corcoranmagriproperties
    @corcoranmagriproperties 3 года назад +13

    And that means... Start right now!

  • @kenethgitimu9876
    @kenethgitimu9876 3 года назад +19

    I have been overlooking this principle but this video reinforced something in me about this topic. Thank you for always giving us informative content.

    • @DanLok
      @DanLok  3 года назад +2

      Glad it was informative for you, Keneth!

  • @user-lr2je6bx3i
    @user-lr2je6bx3i 3 года назад +4

    Unfortunately I do not understand English fluently .. and I missed a lot of understanding your advice ... but you really inspired me ... thanks 🥰🥰

  • @AsenovMiroslav
    @AsenovMiroslav 3 года назад +4

    Just start right now! But where to invest?

  • @beebsblue
    @beebsblue 3 года назад +5

    Learnt about compound interest the hard way when I took out a student loan 😬

  • @JoyceWSolomon
    @JoyceWSolomon 3 года назад +3

    Dan, I love your content. Keep up the good work.

  • @IndayIlongga06
    @IndayIlongga06 3 года назад +11

    I'm so thankful that I watch this because I can use this in my bussiness

    • @IndayIlongga06
      @IndayIlongga06 3 года назад

      @@ross5548 but I'm here in Philippines

    • @Martin-dq1wv
      @Martin-dq1wv 3 года назад

      @@IndayIlongga06 He's not the real guy.

  • @kingjame5333
    @kingjame5333 3 года назад

    I did 100 video challenge in seven days I advise everyone to do it if down lock is your mentor he is mine and refresh my mind but I have to do thank you down lock you’re the man and I’m sorry I can’t afford the other program but one day I will till then I’m gonna keep listening and working hard

  • @tayseerjbeilimanagement626
    @tayseerjbeilimanagement626 3 года назад +2

    If there is road to build the wealth you can build step and step like you

  • @kishoresclasses
    @kishoresclasses 3 года назад +3

    Do More videos on creating money..
    Iam big fan of you, Iam from India..

  • @CamelliaAngelicaDonald
    @CamelliaAngelicaDonald 3 года назад +4

    Thx I really appreciate it thx for sharing

  • @JayCampbellMaximiseYourMoney
    @JayCampbellMaximiseYourMoney 3 года назад +16

    I'd rather have money work hard for me, thats my answer 😅😂

  • @swaralikhandagale1606
    @swaralikhandagale1606 3 года назад +4

    Love from india sir❤️

  • @Talkinglife
    @Talkinglife 3 года назад +1

    Compound interesting is the greatest miracle of all times

  • @WhatIfANDHow991
    @WhatIfANDHow991 Месяц назад

    Compound interest power!

  • @swangandbangmerc4971
    @swangandbangmerc4971 3 года назад +4

    This shh!! Hit

  • @ref1c
    @ref1c 2 года назад

    Hello I bought OTM GME weekly calls for compound interest. However, they all expired worthless. Could you explain where I may have gone wrong?

  • @YtcFaisalTV
    @YtcFaisalTV 3 года назад +1

    Excellent bro ❤❤❤

  • @jeffdorris5321
    @jeffdorris5321 3 года назад

    Nice work 🎆✨🌠

  • @mallikjan2180
    @mallikjan2180 3 года назад +3

    Dan lok I want to know how to create a first asset of money 😬😬😬😬😞😞😞😞

  • @makif-tv
    @makif-tv 3 года назад +2

    Good video🥇🥇🥇

  • @FundedBeco
    @FundedBeco 2 года назад

    Nice knowledge

  • @nonsensehuman5809
    @nonsensehuman5809 3 года назад +1

    Great ☝

  • @GrowYourWealth101
    @GrowYourWealth101 3 года назад +8

    The harder you work for something, the greater you’ll feel when you achieve it. 💪

  • @MiggsMultiple
    @MiggsMultiple 2 года назад

    WOO HOO! $250 over 5 years....What a life changer

  • @solidsnake9898
    @solidsnake9898 3 года назад

    I remember learning about this in year 8 when I was 13 lol

  • @christopherngeleoma
    @christopherngeleoma 9 месяцев назад +1

    thanks

  • @swaralikhandagale1606
    @swaralikhandagale1606 3 года назад +3

    I am from india

  • @richardfrancis1686
    @richardfrancis1686 3 года назад +1

    Thank you Sifu, this was really helpful, I trade Forex and compound my amounts on a weekly basis, I've never been able to easily explain this, the video says it perfectly because it compounds weekly. What a great video.

  • @Quadriple.
    @Quadriple. 3 года назад +1

    Nice video

  • @deepakjamra5502
    @deepakjamra5502 2 года назад

    Thanks

  • @mithun2162
    @mithun2162 3 года назад +2

    Long time see you again .

  • @jjorr1
    @jjorr1 2 года назад

    If I keep adding money does this continue to happen at higher interest pay back

  • @AwakenedMatthew
    @AwakenedMatthew 3 года назад +2

    I love your videos Dan I learn so much at 13 years old🙏🏽❤️

  • @eztube11
    @eztube11 3 года назад +1

    great

  • @linkedknowledge3506
    @linkedknowledge3506 3 года назад

    Bigger fan

  • @MakingMoneyAFRICA
    @MakingMoneyAFRICA 3 года назад +1

    Dan Lok For President 💯😁
    Like If You Are 👍😁

  • @LifeofKairo
    @LifeofKairo 3 года назад +8

    TLDW: compound interest is your best friend 😝

    • @MakingMoneyAFRICA
      @MakingMoneyAFRICA 3 года назад

      I completely agree with you 💯😁

    • @josesoto2079
      @josesoto2079 3 года назад

      TLDM WHAT'S THE MEAN!!! SORRY FOR MY IGNORANCE! I JUST WANT KNOW!.

    • @LifeofKairo
      @LifeofKairo 3 года назад

      @@josesoto2079 ah it’s just short for Too Long Didn’t Watch...although I did watch because the video is great 😌

  • @biplabmohapatra5045
    @biplabmohapatra5045 3 года назад +3

    How to achieve financial confidence?

  • @exwhyzedgaming426
    @exwhyzedgaming426 2 года назад +1

    Compound interest is the 8th wonder if the world.
    ~Albert Einstein

  • @gilbochrist1247
    @gilbochrist1247 3 года назад +2

    Bro I just a kid now , but what should I do after I finish my school.

  • @chestydevildonut6550
    @chestydevildonut6550 2 года назад

    I have money I want to invest. However, the S&P is so high so I'm nervous about buying in because of that. How would I make money??

  • @DWorldGamer
    @DWorldGamer 3 года назад

    Dan please tell about public speaking tips

  • @gosiikingdom3788
    @gosiikingdom3788 3 года назад +2

    I'm from South Africa...how do i start clothes /Fashion brand Business if i want it to be successful and reach to other countries?

    • @lukaerceg7275
      @lukaerceg7275 3 года назад +4

      Dan Lok was before talking about developing a high income skill first so that you have enough money to start a business.
      Don't start a business just because you need money!
      Business needs to create value and it is hard to do so without a some start capital.
      That's my opinion, hope it helps! ;)

    • @abrahiemdash7676
      @abrahiemdash7676 3 года назад +2

      I will assume that you already have enough money to start your business
      First thing you need to do is to know who will be your brand customers in the countries you want to sell to
      And know how to find them
      Then create a marketing strategy to attract them to buy from you

    • @Chironex_Fleckeri
      @Chironex_Fleckeri 3 года назад

      @@lukaerceg7275 Doesn't really apply to fashion. It's basically just too risky because the market is saturated with big megacorporations and boutique brands like Supreme. The prudent thing to do is to use your 1 shot at life to make safe investments and retire with a few million.

  • @luchalerae7687
    @luchalerae7687 Год назад

    Thank God for Novatech!

  • @jbbansal1556
    @jbbansal1556 2 года назад

    Can anyone help me with what tool/software was used to create this video?

  • @chiragdhanani722
    @chiragdhanani722 3 года назад +2

    Which is best option for compound interest ?

  • @777jac
    @777jac 3 года назад +2

    How will it work when inflation go crazy from endless stimulus packs ?

  • @braimabari6278
    @braimabari6278 3 года назад

    Why Dan helping me a lot he don't even knows me

  • @usukhgantumur1017
    @usukhgantumur1017 3 года назад

    What if the invested stock drops in a very short time ?

    • @pingupenguin2474
      @pingupenguin2474 3 месяца назад

      Then sit tight, it will likely come back up again. I put my first lump sum into a mutual fund beginning of 2020. It nosedived because of Covid. But by the end of the year it had shot back up again and gained 19percent !! The advice I was given is to hold stock for at least 5-10 years as growth is not a straight line.

  • @JadeTrading
    @JadeTrading 3 года назад +2

    Love this type of info graphic animation 🙌

  • @insist9330
    @insist9330 3 года назад +3

    Where is Jack ma.?????

  • @unabonger777
    @unabonger777 3 года назад

    now run the calculation at .01% interest

  • @samirmishra8381
    @samirmishra8381 3 года назад +1

    7th commenter

  • @chaddominick9713
    @chaddominick9713 3 года назад

    Document 1207 pg7

  • @christopherngeleoma
    @christopherngeleoma 9 месяцев назад

    you help me😅

  • @BhanuPrakash-qy5rl
    @BhanuPrakash-qy5rl 3 года назад +2

    The voice was like Robert kiyosaki tone ❤️🙏

  • @sundharsundhar5476
    @sundharsundhar5476 3 года назад

    Birth to death this world money money two eyes very safe very savings your video gold mountions diamonds words writings next generations very useful thanks sir halls garden Sundar sumathi

  • @jimwilliams6827
    @jimwilliams6827 3 года назад +1

    WRONG! one year-$365, 2 years-$730, 3 years-$1095!

    • @danielcooke44
      @danielcooke44 3 года назад

      You’re right, it’s a small mistake tho

  • @misterjoey3384
    @misterjoey3384 2 года назад

    $995 after 3 years???

  • @birdsnbirdy1627
    @birdsnbirdy1627 3 года назад +2

    Tatto natho khaein gadah jo

  • @blazierd9781
    @blazierd9781 2 года назад

    Is it dangerous sir

  • @oladsynergysolutions1574
    @oladsynergysolutions1574 3 года назад +1

    Nice video