Could a penny be worth millions?

Would you rather receive $100 each day for a year? Or… A penny doubled each day for a month? Before you answer that, let me explain why I'm asking! This video is about the power of compounding. It's one of the greatest gifts in investing. And it's used by some of the world's most successful investors. So — what is compounding? Watch and find out! And, if you already know, let me know about how you've used compounding in the comments! Chapters: 0:00 Would you rather have a penny or $100? 0:14 What is compounding? 0:49 Example: how money grows through compounding. 1:26 How much is $100 paid each day for a year? 1:45 How much is a penny doubled each day for 30 days? About me: I’ve been covering the stock market for 25 years, interviewing top investors, CEOs and industry movers. I launched this YouTube channel to dive deeper into the world of investing! Why Ticker Take? Well, there are thousands of stocks and ETFs. They all have different ticker symbols. We explore lots of them and talk to experts…getting their…ticker take! Editor: Caroline Lesley Let me know what you’d like to see discussed in future videos! And make sure to subscribe so you don’t miss the next Ticker Take video! Check out my other accounts too: ● TikTok - https://www.tiktok.com/@jonerlichman?lang=en ● Instagram - https://www.instagram.com/jonerlichman/?hl=en ● Substack - https://jonerlichman.substack.com/ ● X - https://x.com/JonErlichman #stockmarket #investing #money Learn more about your ad choices. Visit megaphone.fm/adchoices