How To Turn $100 into $100,000 With Compound Interest
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- Опубліковано 27 лют 2023
- ✅ Get at least $60 worth of free shares (up to $30,000) when you open a new account and invest at least $500! Start growing your wealth today (terms apply): a.webull.com/i/SeanPan
In this video, I explained the power of compound interest and how it can exponentially grow your net worth over time.
With over 20 million views and 4k comments, this short has become a fan favorite, leaving viewers wondering how they too can take advantage of this power.
So, if you're ready to make your money work for you, watch this video to discover the secrets of the power of compound interest!
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#compoundinterest #personalfinance #stockmarketinvesting
*Please note that the information in this video is for educational and entertainment purposes only and should not be taken as financial or investment advice. Any investments or financial decisions you make based on the information in this video are at your own risk. The links in the description above may include affiliate commissions or referrals, and I may receive compensation from partner websites.
Good video Sean. So far, as I learn and understand the basics of investing, I’ve found Herman Jonas to be of great help to me in my investment journey.
@Maisymaisy Please pardon my ignorance. I'm green to crypto and I'm looking for the best possible way to get started.
That is your view. In my experience with the stock market, there's no such formula to beat the market. It's pure luck or just gambling?
Great content! Thank you for putting in the effort to explain this. You really made it easy to undertand. This deserves more views! 💪
Wow! Thanks for appreciating my efforts. This keeps me more motivated. ☺️
This was brilliantly put together. I’ve been following your videos for months now and with professional help, I’m making outstanding progress with my money decisions.
Glad it was helpful! Thanks for watching my videos and best of luck to your journey. Achieve that goal and become financially free ☺️
Wow, thanks, that was really informational!
Glad it was helpful! ☺️
1st thing to do is building multiple sources of income and large amount of it before even thinking about investing, otherwise you might be paranoid if it goes up/ down and could affect your mental. Especially during these gambling parlor of a stock market. Real estate is ok I think tho
I 100% agree to this! Millionaires have multiple income streams. Thank you for sharing your thoughts. ☺️
You don't have to invest so much to get a decent retirement account.
Better to have a small retirement account than none at all.
I agree that multiple sources of income is ideal, but just like having 3 months of savings, having something to fall back on is always a good idea.
You may plan on being a millionaire early, but life happens. You may not get there, and you should have a backup.
Great video! It's worth listening to it. Thank you
Glad you liked it!
Great video! Thanks!
You're welcome!
Great video i shared it with a friend so he gets smarter
Thanks for sharing!!
Wow this helped ty
Glad it was helpful! ☺️
Thx bro 😎
No problem! 🙌🏻
Sean, I only followed a few real estate investor and you're one of the few.
I can see the potential of getting rich in real estate and few facts shows that it can also fail and when it does its gonna be a hard one.
I've seen almost the basics and inspiration a real investor wants me to see.
Now, I want to know what are the things I need to prepare when venturing out in real estate. Specially during this economy that there are houses that are vacant due to inflation/recession or various reason.
If you own 5 rental properties and 3 is already been 3-4 months vacant with a monthly amortization of $1,000. What will you do and what have you prepared for times like this ?
Hey! We like to have a good amount of cash reserves because things like this do happen. We've had several properties that take 7 months of renovations before they're ready to be rented out. During that time, we are spending money on the mortgage, insurance, property taxes, and repairs to boot. Unexpected things do happen and you just need to prepare yourself for them. This video might be of help - ua-cam.com/video/w6BdjLdAeNg/v-deo.html
@@seanlovesrealestate Sean you're the best!
because of you i have made over 13 million and my net worth is worth a lot! this was so helpful
Oh wow! Thank you for sharing your story. 🙌🏻💰
Sean, what books would you recommend to read? and can you make a video of your routine?
I mentioned some books here. ua-cam.com/video/G2_CM-FD68E/v-deo.html
It’s not a video about my routine but the mindset that helped me achieve my financial goals.
And THANK YOU SO MUCH FOR THIS!!!!!!!!!!! I was wondering what compound interest was for so long thank you so much.
@@seanlovesrealestate Thanks!!
Wish I could have a magical penny
Thanks
My pleasure!
Like, do you just go on a program?
*Amazing content. You are still the best! It's been a year since I found ways to improve my finances and by working with a recognized professional, I was able to achieve financial independence. I have to say this; “As long as you have determination and work hard, you can achieve anything you set your mind to.”*
Hey Sean, I love your videos but can you explain what investing means because I am quite new
Thanks! Investing is when you use your money to buy something, expecting it will make more money later. Think of it like planting seeds in a garden. The seeds can grow into big plants that give you vegetables or flowers. In the same way, you can invest in things like stocks, real estate, or businesses. These are like your seeds. Over time, they might grow and give you more money. But, just like seeds might not always grow, investments can be risky too. Hope this helps.
I’m 17 and planning to invest as soon as I turn 18 and this was very helpful. I am planning on going with a safe and stable option at first and investing more and more money over time. Do you have any advice for me?
That's awesome! Congrats on getting an early start. I would recommend starting by investing in index funds so that you invest in something that's well diversified before investing in individual stocks or real estate. Be sure to maintain good saving habits and increase your income via side hustles. Good luck!
You also could invest before 18 with a custodial account
If the P/E ratio of the stock is maintained at 6 or at 20 respectively over 10 years, you will have the same compounding multiples amount in year 3, 5 or 10 for respective cases.
your vids good
Thank you for watching! ☺️
What do you think would be the best company to invest in? I just need some professional advice. Great video and thank you for helping us all with our money so we don't have to suffer in pain when we are older. Btw you have got me really interested in this and im only 12 and like you said, the younger you start investing, "the more you earn!"
What ETFs would you recommend buying
Hey Aiden, you may do more research on SPY and VOO. I personally like these but there’s definitely other ETFs that may suit your investment style.
Billy is better than Timmy
How do you start to invest?
Hey Alexi. I personally use Webull to invest in index funds that tracks the S&P500. I invest monthly no matter the price is. I added the link in the description if choose to use Webull as your brokerage.
@@seanlovesrealestate thanks
Can you do 100 pesos from the Philippines
I know nothing about investing and under age . What’s something that can help me ?
This short may be of help. ua-cam.com/users/shorts_FMfib6h0v4?feature=share
Compound interest is positive and negative. He who understands compound interest, earns positive compound interest ... he who doesn't ... pays negative compound interest. -SMD
The only thing i understood was "you can sell something more than you bought it"
Do you have any questions?
What app should I use for this?
I am a 13 year old by the way trying to learn to invest.
If you are a minor, then Webull is not for you. You need a custodial account but Webull does not offer it. Watch this short and check the description for the app you can use. ua-cam.com/video/_FMfib6h0v4/v-deo.htmlsi=xebGeX9DtoUjQbM1
@@seanlovesrealestate thanks sean!
No worries!
I'm confused. You have an example of a penny doubling everyday but give no example of how your stocks double. How does compound interest work with stocks? I have 1 share of VOO that I've had for years and it never increased. I get dividends but my stock amount doesn't increase
If the total stock market (on average) grows by 10% a year, then the value of it will double in approximately 7 years. i.e. $100 becomes $110 on year 1 and $121 on year 2...
Can you resend link please
The Webull link? a.webull.com/i/SeanPan
Webull is for US citizens only but i live in Canada
Unfortunately, yes. But there are other platforms out there that you can still use aside from Webull.
@@seanlovesrealestate yeh I live the uk btw what websites are there
Hi, Sean. I just want to say your videos are super useful. My name is Daksh, Daksh Rajput. I was wondering if there was a way to open a Webull account as a minor. Please let me know. Thank you!
Guys please blow this up so he can see it 😅
Hey Daksh, glad the videos are helpful. Webull does not offer a custodial account for minors. For minors, you can check this short and read the description for details. ua-cam.com/users/shorts_FMfib6h0v4?feature=share
Thank you so much!
You’re welcome!
Step 4 : Black FLASHH
Drip network 1% a day
But i have little money, do i invest them in myself and my side hustle as well as knowledge? I am 10-15 years old.
Yes, invest in yourself and continue doing your side hustle. You have so much to grow! 💪
@@seanlovesrealestate thank you but how I invest in my self like what courses and books
I am thinking about atomic habits.
I feel bad for asking and talking about money. Sorry if I annoy you.
Which stocks to buy rn?
It depends on your risk tolerance and investing strategy. Personally, I’m for the long term goal so I pick the passive side like ETFs. SPY and VOO are good examples that tracks the snp500. Please do your research and pick the best for you. We have different choices, afterall.
I am your 100th comment ❤❤
Boom! Thanks!
is it too late cuz i'm already at middle of 40's age
It’s better to start than not starting at all. However, you may not maximize the potential income or you need to invest higher amount monthly. There are other still other ways like starting a business or investing in real estate. Best of luck!
You got the penny math wrong lmao
He actually didn't
i bought my stocks and it made them or my money lower
When did you buy it? Do you plan to invest for a long time?
@@seanlovesrealestate nope i bought alot of food
i also dont remember when i bought them
Investing has risk
Just like every business has its own risk.
day1 1/4
day2 1/2
day3 1
day4 2
day5 4
day6 8
day7 16
day8 32
day9 64
day 10 128
day 11 256
and so on
He the thing I buy all those cool things then I sell them for more than I bought them for boom I just sold all the cars,houses,and stuff now I am rich. I call it legal scamming😂😂😂😂😂😂😂😂
First :D
🙌🏻
Lllll
I'm to young
That’s alright. Just keep learning while you’re young. ☺️
Scam
How is it a scam? 🤔
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