7 Simple Calculations that Show the Awesome Power of Compound Interest
Compound interest has been called the 8th wonder of the world. Understanding how it works and harnessing its power is key to building wealth. In this video will walk through 7 simple calculations that show the true power of compounding. I'll also show how to get a simple, free compound interest calculator.
Join the newsletter: https://robberger.com/newsletter/?utm_source=Rob+Berger&utm_medium=ATF+Link&utm_campaign=Newsletter&utm_id=YouTube
————————————
Video Resources & Timestamps
————————————
[0:33] What is compound interest
[2:36] Compound interest calculator
[4:40] Compound interest calculators
[16:40] Get access to the free compound interest calculator
Compound Interest Calculator (Google Sheet): https://docs.google.com/spreadsheets/d/10JzpLifUuG3c8cZeFiM2xzSe6UmoY45Nh8jRVSZ0Mzc/copy
Investor.gov Compound Interest Calculator: https://www.investor.gov/financial-tools-calculators/calculators/compound-interest-calculator
————————————
Investing Tools
————————————
My Book (Retire Before Mom and Dad): https://amzn.to/2MsRJ9B
📈 Personal Capital (Investment Tracking): https://go.robberger.com/empower/yt-
⛱ New Retirement: https://go.robberger.com/new-retirement/yt-63
💰 M1 Finance $30 Bonus (IRA & Taxable Accounts): https://go.robberger.com/m1finance-bonus/yt-
📈 OnTrajectory (Retirement Planner): https://robberger.com/go/ontrajectory/yt-69
📊 Morningstar (Fund Research): https://go.robberger.com/morningstar/yt-
💵 Tiller (Budgeting): https://go.robberger.com/tiller/yt-
————————————
Popular Videos
————————————
1️⃣ How to Create a 3-Fund Portfolio: https://www.youtube.com/watch?v=kmw8OpGp2rM
2️⃣ How I Manage 28 Accounts in One App: https://www.youtube.com/watch?v=cQk6EQk3iGg
3️⃣ 7-Step Financial Checkup: https://www.youtube.com/watch?v=mNWGWxKzKTY
#compounding #investing #robberger
ABOUT ME
While still working as a trial attorney in the securities field, I started writing about personal finance and investing In 2007. In 2013 I started the Doughroller Money Podcast, which has been downloaded millions of times. Today I'm the Deputy Editor of Forbes Advisor, managing a growing team of editors and writers that produce content to help readers make the most of their money.
I'm also the author of Retire Before Mom and Dad--The Simple Numbers Behind a Lifetime of Financial Freedom (https://amzn.to/3by10EE)
LET'S CONNECT
Youtube: https://www.youtube.com/channel/UC9C17-OMxa-7oRSaCtztObw?sub_confirmation=1
Facebook: https://www.facebook.com/financialfreedomguy/
Twitter: https://twitter.com/Robert_A_Berger
DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. Your investment and other financial decisions are solely your responsibility. It is imperative that you conduct your own research and seek professional advice as necessary. I am merely sharing my opinions.
AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning at no cost to you I earn a commission if you click through and make a purchase and/or subscribe. However, I only recommend products or services that (1) I believe in and (2) would recommend to my own mom.
Видео 7 Simple Calculations that Show the Awesome Power of Compound Interest канала Rob Berger
Join the newsletter: https://robberger.com/newsletter/?utm_source=Rob+Berger&utm_medium=ATF+Link&utm_campaign=Newsletter&utm_id=YouTube
————————————
Video Resources & Timestamps
————————————
[0:33] What is compound interest
[2:36] Compound interest calculator
[4:40] Compound interest calculators
[16:40] Get access to the free compound interest calculator
Compound Interest Calculator (Google Sheet): https://docs.google.com/spreadsheets/d/10JzpLifUuG3c8cZeFiM2xzSe6UmoY45Nh8jRVSZ0Mzc/copy
Investor.gov Compound Interest Calculator: https://www.investor.gov/financial-tools-calculators/calculators/compound-interest-calculator
————————————
Investing Tools
————————————
My Book (Retire Before Mom and Dad): https://amzn.to/2MsRJ9B
📈 Personal Capital (Investment Tracking): https://go.robberger.com/empower/yt-
⛱ New Retirement: https://go.robberger.com/new-retirement/yt-63
💰 M1 Finance $30 Bonus (IRA & Taxable Accounts): https://go.robberger.com/m1finance-bonus/yt-
📈 OnTrajectory (Retirement Planner): https://robberger.com/go/ontrajectory/yt-69
📊 Morningstar (Fund Research): https://go.robberger.com/morningstar/yt-
💵 Tiller (Budgeting): https://go.robberger.com/tiller/yt-
————————————
Popular Videos
————————————
1️⃣ How to Create a 3-Fund Portfolio: https://www.youtube.com/watch?v=kmw8OpGp2rM
2️⃣ How I Manage 28 Accounts in One App: https://www.youtube.com/watch?v=cQk6EQk3iGg
3️⃣ 7-Step Financial Checkup: https://www.youtube.com/watch?v=mNWGWxKzKTY
#compounding #investing #robberger
ABOUT ME
While still working as a trial attorney in the securities field, I started writing about personal finance and investing In 2007. In 2013 I started the Doughroller Money Podcast, which has been downloaded millions of times. Today I'm the Deputy Editor of Forbes Advisor, managing a growing team of editors and writers that produce content to help readers make the most of their money.
I'm also the author of Retire Before Mom and Dad--The Simple Numbers Behind a Lifetime of Financial Freedom (https://amzn.to/3by10EE)
LET'S CONNECT
Youtube: https://www.youtube.com/channel/UC9C17-OMxa-7oRSaCtztObw?sub_confirmation=1
Facebook: https://www.facebook.com/financialfreedomguy/
Twitter: https://twitter.com/Robert_A_Berger
DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. Your investment and other financial decisions are solely your responsibility. It is imperative that you conduct your own research and seek professional advice as necessary. I am merely sharing my opinions.
AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning at no cost to you I earn a commission if you click through and make a purchase and/or subscribe. However, I only recommend products or services that (1) I believe in and (2) would recommend to my own mom.
Видео 7 Simple Calculations that Show the Awesome Power of Compound Interest канала Rob Berger
Показать
Комментарии отсутствуют
Информация о видео
Другие видео канала
Chapter 9: 3 Financial Rules of Thumb (Video #6)Covid-19 Student Loan Relief--How to legally stop paying your federal student loansCash Back Investment Strategy Update--$15,036.30GameStop Stock Plunges | 7 Lessons Every Investor Can Learn from the Epic CrashHow to Invest During COVID-19Chapter 24: How to Evaluate a Mutual Fund (Video #9)How Safe Is Your Bank? Here Are 4 Free Tools To Find Out2 "Free" Robo-Advisors That Are Really Expensive8 Year-End Financial Checklist Action ItemsHow Investment Fees Lower Retirement Spending (and invalidate the 4% Rule)3 Tools to Calculate the True Cost of Investment Fees in RetirementHow to Retire Before You Qualify for Social SecurityIs a 100% Bond Portfolio Safe for Retirement?8 Investing Terms Every New Investor Should Know8 Bond Alternatives (and 4 Investments that are NOT Good Alternatives to Bonds)Value vs Core vs Blend Investments--How Interest Rates Explain Market Returns in 2022How Investment Fees Wreck the 4% Rule of Retirement SpendingHow to Become a Confident InvestorHow Many Investments Should You Own?Should You Buy Individual TIPS Rather Than TIPS Funds? Live Q&AThe 60/40 Portfolio is Alive and Well | Here's Why