Investsmiths Podcast

WHAT ALBERT EINSTEIN TAUGHT ME IN 2022 | The 8th Wonder of the World


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But what is the value of money?

 Its like asking someone if they were offered $1000 today vs $1000 a year from now, most people would choose the money now so they can spend it or invest it.

The misconception that we let go over our head today is that cash today is more valuable that cash tomorrow.

This concept is also known as the “time value of money”

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Investsmiths PodcastBy Justin Smith