I compare the gains of simple passive investing, savings accounts & holding cash, interpreting the economy of wealth. Learn about how inflation works, currency fluctuations & using compounding to grow assets.
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Videos on BUSINESS, INVESTING, ENTREPRENEURSHIP PLAYLIST: https://www.youtube.com/playlist?list=PLshaM8q_ZyC5b3diiF-d1PlvGKAQAFDL7
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IS MONEY IMPORTANT? Chamath Palihapitiya on Building Capital.: https://youtu.be/JMWv9MRpPXo
Ray Dalio - How The Economy Machine Works: https://www.youtube.com/watch?v=PHe0bXAIuk0
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How money inflation works, why saving accounts are a bad way to save money and how much money you can make by investing into an index fund/ETF like the S&P 500 or NASDAQ. I give a simple explanation of inflation with calculation examples. I also show how much the S&P and other indexes have appreciated per year over time and how that could help you become a millionaire thanks to the power of saving and compounding interest.
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Entiversal is the sanctuary of Learning. Join me in exploring: The Success Mindset; Technology & Science; Investing & Entrepreneurship; Health & Lifestyle.
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Have you started investing or you hold your money in a savings account?
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