53: Compound Interest with Paddy Hirsch

Compound interest explained by financial journalist Paddy Hirsch.   Paddy Hirsch is a journalist, broadcaster, online host and novelist. He was schooled in Ireland and the UK, and spent ten years in the British Royal Marines before moving to Hong Kong to start a career in news. He has worked in every journalistic medium, and in a variety of countries in Asia, Europe and the Americas. He is a specialist in business, financial and economic news, and his work appears regularly on National Public Radio in the US and on the BBC World Service.   He attended Stanford University as a Knight Fellow in 2011 and has won several awards for his video work explaining financial terminology. In 2012, Harper Business published his book Man vs Markets, a tongue-in-cheek guide to the financial system. Most recently, he is the author of the Lawless New York series, featuring Marshal Justy Flanagan: The Devil’s Half Mile and Hudson’s Kill (Tor/Forge), both set in New York in the early 1800s.    Paddy's Website: https://www.paddyhirsch.com/   Paddy's Financial Videos: https://www.paddyhirsch.com/videos/   Use our Indiebound affiliate link to purchase Paddy's books: https://www.indiebound.org/search/book?aff=artisticfinance&keys= Man Vs Markets: Markets Explained (Plain and Simple) The Devil's Half Mile Hudson's Kill   NPR - The Indicator from Planet Money: https://www.npr.org/podcasts/510325/the-indicator-from-planet-money   Scottland Forever! - Painting by Lady Butler of the Royal Scots Greys charging at the Battle of Waterloo in 1815: https://en.wikipedia.org/wiki/Scotland_Forever!   George Washington Crossing The Delaware: https://en.wikipedia.org/wiki/Washington_Crossing_the_Delaware_(1851_painting)   Rembrandt - Dutch Painter: https://en.wikipedia.org/wiki/Rembrandt   NFT - Non-fungible Token - Digital Art on the blockchain: https://en.wikipedia.org/wiki/Non-fungible_token   NPR - Marketplace: https://www.npr.org/podcasts/381444600/marketplace   Compound Interest Definition: https://www.investopedia.com/terms/c/compoundinterest.asp   Yield - Definition: https://www.investopedia.com/terms/y/yield.asp#:~:text=Yield%20refers%20to%20the%20earnings,from%20holding%20a%20particular%20security.   APY - Definition: https://www.investopedia.com/terms/a/apy.asp   Index Fund - Definition: https://www.investopedia.com/terms/i/indexfund.asp   Tipping Point - Paddy and Ethan Ignore This: https://humbledollar.com/2018/03/the-tipping-point/   Compound Interest Calculator: https://www.investor.gov/financial-tools-calculators/calculators/compound-interest-calculator   QRP: https://www.investopedia.com/terms/q/qrp.asp   eQRP is specific to Damion Lupo (guest on episode 50): https://www.eqrp.co/   SPAC - Special Purpose Acquisition Company: https://www.investopedia.com/terms/s/spac.asp   Blank Check Company (slightly different than a SPAC): https://www.investopedia.com/terms/b/blankcheckcompany.asp   Links from the Patreon only episode:   Vinovest: https://www.vinovest.co/   Bottled Up Podcast: https://bottleduppodcast.wordpress.com/   Old World wine versus New World wine: https://www.winespectator.com/articles/whats-the-difference-between-new-world-and-old-world-wines-5204#:~:text=The%20most%20basic%20difference%20between,World%22%20refers%20to%20everything%20else.&text=These%20wines%20are%20often%20made,extracted%20and%20oak%2Dinfluenced%20style.   Bottle Shock Movie: https://en.wikipedia.org/wiki/Bottle_Shock   Coinbase - Cryptocurrency Exchange: https://www.coinbase.com/join/steime_0 (This is my affiliate link.)   ...   Interview by Ethan Steimel   Become a patron at: www.patreon.com/artisticfinance   www.artisticfinance.com www.patreon.com/artisticfinance instagram.com/artisticfinance twitter.com/ethansteimel facebook.com/artisticfinance youtube.com/artisticfinance