It may be hard to believe, but a penny doubled over time can make you more money than a pile of $500,000 right now. What makes this possible is one simple yet powerful thing called compound interest.

It gives you the ability to multiply your money overtime, and turn one small investment into a whole lot of money. No wonder Einstein called it the 8th wonder of the world!

For all the power that compound interest has, it's still misunderstood and totally underutilized. How does this powerful financial force actually work? What financial vehicle gives us both compound interest and access to capital for investments?

In this episode, I show you how compound interest can allow you to turn $500 into $500,000.

We're the only ones who have been taught to give up control of our money, put it somewhere and let it sit and lose the opportunity to take advantage of new investments. -Chris Naugle

Three Things You'll Learn In This Episode

-The smartest way to build wealth

Compound interest is one of the most underestimated phenomena in the world. How can you multiply your money by doing one simple thing?

-Get the best of both worlds

The problem with popular investment vehicles is the flow of compound interest gets interrupted every time you take money out. Is there a way we can take money out to invest and keep building interest at the same time?

-Average vs. actual rate of return

A lot of the financial vehicles people flock to promise a high return, but when you take a closer look, do you actually end up with a lot less?