
Why Most Americans Will NEVER Be Millionaires (Don't Make This Mistake!)
Money Guy Show
00:00
Compound Interest Takes Time to Take Hold
In order for someone to really recognize just how powerful compounding interest was, you have to let time pass. Compound interest takes time to take hold. At the end of the five year period, about 18 % of your account value will be growth. About 18 % will have been money that your army dollar bills made for you. Watch what happens the more time you give it.
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