Top 5 Ways To Get Rich (SB1437)
The Stacking Benjamins Show
00:00
The Power of Compounding and Starting Early
The chapter discusses the power of compounding and the importance of starting early when it comes to investing. They share an example of a table that showed how investing $1,000 a year for the first few years of a child's life can result in over a million dollars by the time they reach retirement age. They also talk about the benefits of investing in a Roth IRA and highlight the importance of staying motivated by celebrating small milestones along the way.
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Transcript
