Compound interest works like a bit of financial magic. A $100 investment at a 10% annual return grows to $673 over 20 years.
Now, consider the impact if the initial amount were $10,000 or $100,000.
Start investing early.
Compound interest works like a bit of financial magic. A $100 investment at a 10% annual return grows to $673 over 20 years.
Now, consider the impact if the initial amount were $10,000 or $100,000.
Start investing early.
But I think Inflation over 20 Years will eat the profit
indeed & the lower the income the harder it is
Inflation is a real factor, but history shows that long-term compound growth often outpaces it. It's important to diversify and review your investments, so the growth can help counteract inflation over time