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Preface
Einstein called the compound interest effect "the eighth wonder of the world". I also mentioned in other articles that if a person saves 3000 deposits every month, he can save 100W after 20 years, and every interest There are more than 7,000 a month, which is equivalent to financial freedom in a third-tier city.
So if you are still young, you must do things that produce compound interest effects.
Li Jie, the author of the book "The Way to Advance the Stock Market", said a wonderful sentence:
There is no difference between those who study and those who do not study every day; the difference is minimal from month to month; the gap is obvious every year, but it doesn’t seem to be a big deal; but it is seen every 5 years Time, that is the huge division of wealth. When I wait for 10 years to look at it again, it may be the gap between one kind of life and another kind of life.
What kind of things have compound interest
Most things with compound interest effects have several characteristics:
- Do it once can affect many people
- It's difficult at first, and you can't see the growth, the more you do it later, the easier it is
What am i doing currently
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Money
is no doubt that there is a compounding effect of the financial part of the list of things,