How Does Compound Interest Work?
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- Опубликовано: 2 июн 2024
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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.
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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...
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.
How is it going champ?
Well done you for starting young. I’d love to see you on tv when you’ve made history x
"A river cuts through a rock not because of its power but it's persistence!" 🙏
Very wise
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.
Could you help me learn more on the best way to do this
Compound interest is very useful when investing your money!
And school keeps teaching us for integrals while we actually need it. 💯
And that means... Start right now!
Straight away
@@MakingMoneyAFRICA 💪🔥
I have been overlooking this principle but this video reinforced something in me about this topic. Thank you for always giving us informative content.
Glad it was informative for you, Keneth!
Unfortunately I do not understand English fluently .. and I missed a lot of understanding your advice ... but you really inspired me ... thanks 🥰🥰
Just start right now! But where to invest?
Learnt about compound interest the hard way when I took out a student loan 😬
Dan, I love your content. Keep up the good work.
I'm so thankful that I watch this because I can use this in my bussiness
@@ross5548 but I'm here in Philippines
@@IndayIlongga06 He's not the real guy.
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
If there is road to build the wealth you can build step and step like you
Do More videos on creating money..
Iam big fan of you, Iam from India..
Thx I really appreciate it thx for sharing
I'd rather have money work hard for me, thats my answer 😅😂
@Dan Lok bruh
@@Martin-dq1wv It's not actually him lool!
Most definitely bro
Love from india sir❤️
Compound interesting is the greatest miracle of all times
Compound interest power!
This shh!! Hit
Hello I bought OTM GME weekly calls for compound interest. However, they all expired worthless. Could you explain where I may have gone wrong?
Excellent bro ❤❤❤
Nice work 🎆✨🌠
Dan lok I want to know how to create a first asset of money 😬😬😬😬😞😞😞😞
Good video🥇🥇🥇
Nice knowledge
Great ☝
The harder you work for something, the greater you’ll feel when you achieve it. 💪
WOO HOO! $250 over 5 years....What a life changer
I remember learning about this in year 8 when I was 13 lol
thanks
I am from india
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.
Nice video
Thanks
Long time see you again .
If I keep adding money does this continue to happen at higher interest pay back
I love your videos Dan I learn so much at 13 years old🙏🏽❤️
great
Bigger fan
Dan Lok For President 💯😁
Like If You Are 👍😁
TLDW: compound interest is your best friend 😝
I completely agree with you 💯😁
TLDM WHAT'S THE MEAN!!! SORRY FOR MY IGNORANCE! I JUST WANT KNOW!.
@@josesoto2079 ah it’s just short for Too Long Didn’t Watch...although I did watch because the video is great 😌
How to achieve financial confidence?
@@investormrs.prisca3748
What
Compound interest is the 8th wonder if the world.
~Albert Einstein
Bro I just a kid now , but what should I do after I finish my school.
Mm ok
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??
Dan please tell about public speaking tips
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?
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! ;)
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
@@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.
Thank God for Novatech!
Can anyone help me with what tool/software was used to create this video?
i'm interested too!
Which is best option for compound interest ?
Can u tell me which is best plan for CR ?
How will it work when inflation go crazy from endless stimulus packs ?
Why Dan helping me a lot he don't even knows me
What if the invested stock drops in a very short time ?
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.
Love this type of info graphic animation 🙌
Where is Jack ma.?????
now run the calculation at .01% interest
7th commenter
Document 1207 pg7
you help me😅
The voice was like Robert kiyosaki tone ❤️🙏
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
WRONG! one year-$365, 2 years-$730, 3 years-$1095!
You’re right, it’s a small mistake tho
$995 after 3 years???
Tatto natho khaein gadah jo
Is it dangerous sir
Nice video