The Magic of Compound Interest

This week, lets start with a quiz: How much money would you have today, if you had invested $10,000 in an S&P 500 Index Fund, in 1980?  With no additional deposits. That’s right one $10,000 deposit and no more! A.  $380,000 B.  $276,000 C.  $433,000 D.  760,000 I will show you the correct answer below and how much you could potentially earn if you did the same thing today. First, lets talk about compound Interest.  Although, ...

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