The Secret To Wealth Is...TIME? | Compound Interest Explained

This video will explain how compounding interest works and why it is the secret to building wealth. It may sound like a simple concept, but in reality compounding interest is one of the most powerful forces in the universe! It's just math, you say? Well yes...sort of. But what about when your money makes more money without any work on your part? This is where things get really interesting.Timecodes0:00 - Intro0:36 - 99% of Warren Buffet’s $100.5 billion net worth came after his 56th Birthday1:59 - Compounding Is Not Intuitive3:51 - Double Edged Sword4:46 - Resist The Urge To Beat The Market------------LINKS:► Get My Weekly Newsletters: https://www.financialtortoise.com/newsletter► Favorite Books: https://www.financialtortoise.com/bestbooksDISCLAIMER: I am not a financial adviser. These videos are for educational and entertainment purposes only. I am merely sharing my personal opinion. Please seek professional help when needed. Learn more about your ad choices. Visit megaphone.fm/adchoices