0:20
Eric Siu explains why time matters more than you think in compounding. A million dollars at 7% annual returns grows to roughly 800 million over 100 years. The math only works if you actually wait.
Eric Siu explains why time matters more than you think in compounding. A million dollars at 7% annual returns grows to roughly 800 million over 100 years. The math only works if you actually wait.
Compounding is— it takes time. One of the most important factors in the compounding equation is time. There's all sorts of compounding calculators. You can say, okay, if you set aside $1 million right now and say it earns like 7% or whatever for 100 years, how much do you think it will turn? Probably close to like $800 million.
