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Saturday, December 16, 2023

Simple investing math

If have 50% return in 1 investment, repeat 20 times, the wealth will grow 3325 times!

The power of compound interest.
Same concept as Buffett said, "I could improve your ultimate financial welfare by giving you a ticket with only 20 slots in it so that you had 20 punches—representing all the investments that you got to make in a lifetime."

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