Most of us who are invested are aware of the secret. The 8th wonder in the world in the universe according to some very esteemed people. Can you guess what it is?
Compound growth.
:max_bytes(150000):strip_icc()/US0001-1979-Lincoln-Cent-Uncirculated-57744a123df78cb62c43487d.jpg)
Now imagine a scenario where you could double your investment every day. Even something simple as roulette and getting black or red correct every day. What would happen to a single penny?
-
$.01
-
$.02
-
$.04
-
$.08
-
$.16
-
$.32
-
$.64
-
$1.28
-
$2.56
-
$5.12
-
$10.24
-
$20.48
-
$40.96
-
$81.92
-
$163.84
-
$327.68
-
$655.36
-
$1,310.72
-
$2,621.44
-
$5,242.88
-
$10,485.76
-
$20,971.52
-
$41,943.04
-
$83,886.08
-
$167,772.16
-
$335,544.32
-
$671,088.64
-
$1,342,177.28
-
$2,684,354.56
-
$5,368,709.12
That is right, more than 5 million after 30 days. Crossing the million mark after 28 days and the thousand after 18 days.
So that means, that more than half of the 30 days, 17 days to be exact, you had less than a thousand.
Only at exactly 15 days did you cross the 100 threshold.
And it wasn't until day 11, that you crossed the 10 threshold.
How would you feel on day 5 or 7? Would you believe that you if held on for 5x those amount of days, that you would be a multi-millionaire?
Hang in there, trust your analysis and assumptions and you will be fine.
