Getting a rate of return is vital to wealth building. This is something that long time investors take as standard but to new people, it is something that is overlooked.
In this video I go through some examples of how a strong APR over time can amount to a lot of money.
▶️ 3Speak
That's actually finally explained in a way that I can understand it, thank you!
I have seen the APR vs APY many times, but never really understood the difference. You explained it very clear.. I won't forget this now, so this is great..
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BEER.APR is quite important but downside is probably more or less unpredictable. So I suggest people just DCA on average but if your good with charts, you can buy based on TA.
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Becoming debt free is one of main factor of wealth building .And we do build wealth by make our money on the buy. We all should have budget. Long-term wealth we can build by investing as well.Cash is a king in wealth building so it's necessary that we should save 15or 20 percent of every dollar we earn. If we not use our debt on some type of creative business expansions might it will kill our wealth.
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Even though Hive has "only" about 10% APY for curation and inflation put together my plan is to keep compounding the shit out of it until I grow old :P
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