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95 - The Psychology of Money by Morgan Housel

The Rise Productive Podcast

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Compounding - Chapter 4

The counter intuitive nature of compounding leads even the smartest of us to overlook its power. People thinkig about the short term, because there's no better sell on thinking about the long term than the compound effect. If you take that amount of money, lake, for example, and invest that in a compound at a rate of return of about eight to eight % aisted for inflation, you will have one and one point six million dollars tax free by the time you retire.

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