đź’µ One kid saves, the other becomes rich
22.7M viewsover 1 year ago1m 0sScore: 80
Sean Pan
Summary
This video demonstrates the power of investing vs saving. Two kids are given $100 with the instruction to make it grow. One saves the money in the bank, one invests. After 30 years, the kid who invested has significantly more money even though they had one year of losses. Compound interest averages out to 8% a year.
