15d (edited) • Financial Education
Did you know?....the power of compounding
If you invest 10K a year and your money grows at an average rate of 8% (the average return of a global diversified basket of stocks), you’ll reach 100K in about eight years. After that, the pace speeds up. The next 100K takes around FIVE years, then THREE, then TWO. Your money starts doing more of the work for you.
Stay consistent. The first 100K is the toughest part. Once you get there, momentum and compounding begin to carry you forward. Your main task becomes staying committed.
This journey isn’t just about reaching a number. It’s about learning to pay yourself first, building habits that give you stability, and proving to yourself that you can create your own sense of security.
What is one small step you can take this week to move closer to that first 100K?
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Did you know?....the power of compounding
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