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What insights did you gain from completing the Investment Scenarios?
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11 Replies
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Starting early with inventing is the best because you have a longer time for your investment to earn interest. I was amazed when I finally understood that compound interest is paid to both the principal and accrued interest. For many years, I thought only the accrued interest was affected.
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For the first time, I realized the TRUE effect of Compound interest on a Principled amount of money. The longer the time invested – the more the Return.
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How little amounts can go a long way
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I didn’t quite gain anything. I was thinking, what country and what era were the scenarios based on? In my country we do not get such good returns, unless it was a very risky investment perhaps.
#finance
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Learning to invest in a way that’s complimentary to you can yield excellent returns if you stay committed to doing it.