Everyone, nowadays, wants to make their money grow and make it grow fast. People are buying Bitcoin, NFTs, trading cards, and even stocks that they know little about in order to make money. I don't want you to just buy things and watch yourself make money. I want you to understand why you make money in something and how exactly your money grows. Once you understand the growth of your money, you can better grasp what your long-term investing needs to look like. Today, we will discuss:
1. What compound interest is and how it works
2. How you make money in marketable securities (stocks, bonds, mutual funds, ETFs, etc.)
3. The biggest determinant of building long-term wealth
Begin your path to financial freedom today: https://www.youtube.com/channel/UCjyCApAbHBN0Jtw5bAehbRg?sub_confirmation=1
Don’t forget to like, subscribe, and leave comments below as I would love your feedback. Be sure to check out my website (www.mnowithdylan.com) where you can get more information on my financial coaching services and more, the podcast of these shows if you are more of a listener than a watcher, and follow the show on any social media outlet (FB, Twitter, & Instagram) @mnowithdylan (Money’s No Object with Dylan Howell) [All links in description]. Tune in tomorrow to learn about starting small as an investor and why small beginnings can turn into big outcomes. Don’t forget to check-in every weekday (Monday-Friday) for new videos which will be uploaded each day at 6 a.m. CDT. Thank you, guys, for tuning into this episode of Money’s No Object. I’m Dylan Howell. God Bless!
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(Please keep in mind that I am not a financial advisor. I create these videos for educational purposes only. You and only you are responsible for the investment decisions that you make.)