The Easiest Way to Become Wealthy - Compound Interest Explained
Update: 2021-01-06
Description
Let's make a thought experiment:
Let's assume that, when Jesus was born, Joseph, as a responsible and longsighted father went to the bank of Jerusalem and put 1 penny into a savings account.
He negotiated well and got a yearly interest rate of 5%. If he would not have touched the money, how much money would he have today?
In this live stream, Simon will give you the answer to this question and explain the power of compound interest.
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