In an age of "high inflation", think of compound interest as a mean to reduce the speed of which your purchase power erodes.
Asian mates...
Invest a grand and then add $100 a month for the next 40 years? Seriously. How many?
Asian American here. $200 a week into assets. Not particularly interested in yields.
LOL now we get into the realms of discussing ethnicity depending on geographical location!
Absolutely true. But still an irony that you're lending money to establishments who are responsible for creating the high inflation in the first place!
I think assets are a great way forward for those without regular disposable income. The silver and gold stackers get something tangible and tactile that can possibly increase in value and can certainly be liquidated quickly if needs be!