@nolledge: Your money doubles every 9 years 💲 money #investing #compoundinterest #ruleof72 #PersonalFinance #financetips

olus :

Imagine waiting 30 years for 80k🫩

Andrei :

Inflation rate😁

tiktokbannedme81 :

This isn’t even remotely close to accurate 🤣🤣🤣 9 years at 3.5% interest a year (high yield savings) would earn you $350 a year….9x350=$3,150.00….this is the realistic scenario…putting in the stock market and getting 8% per year for 10 years is near impossible

lesir :

or put 10k in stocks and watch it....

Night man :

but money lose it's value

lebona :

😂😂😂😂😂😂hell nooo

Savic :

Interest rate dosent exist today, you only have account maintance fee which u pay every month

Just_Bailey :

Goodluck finding 8%

maximalvergleich :

to long

Brannis :

Prices go up more than 8% a year nowadays so your basically loosing money

UNBEATABLE :

isn't going to still worth around $10000 ten years ago because of inflation

soufienbenkhalef :

bro thinks we r immortals

TommyXez :

Wish it was 8%💀over here the better interest is 4%

alex.arman6 :

Forgot about inflation mate

MusCab🐊🌱 :

Interest is not allowed in my religion

72V.🧊MASON🧊 :

But inflation is more then interest so you’ll lose money

shiwsgas :

Step 1, make 10k

Louis :

Been learning AI dropshipping, and seeing my efforts pay off feels amazing.

❣️🛍️🍇 bni 🍑🙂‍↕️🤐🛬🍇🫩🤒 :

30,000$.04

Who :

3.5 percent api but imma buy stocks better profit more risk

I-Absolutely-had-to :

They aren’t explaining to factor in inflation percentage and subtract it from your interest rate, that’s your effective doubling of your money. (The point where you’d have double the purchasing power)

Mikail :

im telling you NOTHING in this world is free

Samu :

Ever heard of inflation the money would be worth about 15k in 30 years

WasWärWennLab :

unknown :

[Innocent][Innocent]wow