Diamond Hands: Saving, Investing, Financial Independence

Episode 1 | Growing Your Money


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Happy New Year! Welcome to Diamond Hands' inaugural episode we look at the basics of long term investing. Goldie explains compound growth, as well as a few reasons why investing is key to your financial future, and might be simpler than you think.
We'll be back on Jan 12th with "Episode 2: How Does the Market Even Work?".
Peace!
Relevant Links:
https://www.investopedia.com/ask/answers/042415/what-average-annual-return-sp-500.asp (Historical Return for the SandP500) (Note, does not account for inflation)
https://inflationdata.com/Inflation/Inflation/AnnualInflation.asp (Historical Rate of Inflation) (USA)
https://www.getsmarteraboutmoney.ca/calculators/compound-interest-calculator/ (Compound Interest Calculator), give it a try, see how much of an impact compound interest can make!
Many thanks to the following:
https://www.youtube.com/watch?v=1LOUtALSDqw (Moon Theme - DuckTales- L'Orchestre de Jeux Vidéo)
https://www.imdb.com/title/tt0584425/ (A Fishful of Dollars - Futurama - Matt Groening, Comedy Central, Fox)
You can contact me at [email protected]
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Diamond Hands: Saving, Investing, Financial IndependenceBy Goldie