How Does Compound Interest Work?

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Kris Krohn

Kris Krohn

Күн бұрын

Compound interest is a mighty sword. You can wield it to further your financial goals, or it can lay forgotten in your armory. Let's dissect compound interest and see what makes it tick....
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Kris Krohn is not in the business of providing personal, financial or investment advice and specifically disclaims any liability, loss or risk, which is incurred as a consequence, either directly or indirectly, by the use of any of the information contained in this document. Also, Kris Krohn, this document, and any online tools, if any, do NOT provide ANY legal, accounting, securities, investment, tax or other professional services advice and are not intended to be a substitute for meeting with professional advisors. If legal advice or other expert assistance is required, the services of competent, licensed and certified professionals should be sought. In addition, Kris Krohn does not endorse ANY specific investments, investment strategies, advisors, or financial service firms.
The above summary disclosure is provided as an overview, and is not intended to be comprehensive. Additional details are reflected below. See full disclosures here: www.kriskrohn.com/epicdisclosure
NO INVESTMENT, FINANCIAL, LEGAL OR TAX ADVICE
The contents of this video are for informational and educational purposes only. They should not be considered investment, financial, legal or tax advice. Kris Krohn is not licensed in the insurance or securities industries and is not in the business of selling, soliciting or negotiating the sale of any insurance contract, security or other investment vehicle.
DISCLOSURE OF FINANCIAL RELATIONSHIP
Mr. Krohn has a financial interest in EPIC Insurance Services, LLC (EPIC), a licensed insurance brokerage agency incorporated in New Jersey, and is compensated by EPIC. See full disclosures here: www.kriskrohn.com/epicdisclosure
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Пікірлер: 105
@Alternatezoid
@Alternatezoid Жыл бұрын
I recently got into the KZbin financial niche, and I’ve taken a deep dive into investing. Particularly, stocks as it interests me. I have tried multiple methods to build my portfolio in the past. So far I’m making progress. Back to the video, wonderful job there.
@Alternatezoid
@Alternatezoid Жыл бұрын
@Gugulethu Andile With the help of a pro financial advisor, Herman W Jonas, I’ve gotten into stocks and fx, splitting my funds in different assets that have brought me huge roi. I just reinvest and grow my portfolio.
@Denniss20
@Denniss20 Жыл бұрын
I didn’t need any prior investing experience as Sir Herman takes all the guesswork out. My initial capital of $25k invested over the long term yielded me $89k in profit plus bonuses. It’s all about accumulating wealth through compound interest investments.
@Willycheng590
@Willycheng590 Жыл бұрын
With Herman’s help, I’ve been able to allocate capital in a way that reduces the exposure to any one particular asset, narrows the range of possible outcomes in a way that earns me profit.
@Fleneroy77
@Fleneroy77 Жыл бұрын
@@Willycheng590Would you be kind enough to drop a lead to him? Thank you in advance.
@Willycheng590
@Willycheng590 Жыл бұрын
@@Fleneroy77Sure, Hermanw jonas (a g mal comm
@thinkingai6017
@thinkingai6017 3 жыл бұрын
Schools need to teach this stuff to students. Instead of quadratic formulas, writing long (useless) essays, and all that (yes, it does teach problem solving and writing skills) - but this video is showing real life stuff EVERYONE will ALWAYS need (AND MUST) know. Thank you Kris Krohn, great videos as always!!!
@beawakenedcryptos8386
@beawakenedcryptos8386 3 жыл бұрын
Are you interested in getting info for better crypto gains?
@harryjohnson7356
@harryjohnson7356 2 жыл бұрын
Yes, you are right schools need to teach life skills like this
@blurtam188
@blurtam188 2 жыл бұрын
Got divorce last year. Bought the condo out from my wife, moved in with my mom, rented the condo, and now me and my mom are buying a second rental property with the equity!
@angiep319
@angiep319 2 жыл бұрын
You a great teacher. I had to subscribe
@aleomessina
@aleomessina 3 жыл бұрын
Amazing advice Kris, I'm in the area of the stock market but I must admit Real Estate is super interesting! Thanks for the video and inspiration 👌🔥🔥
@beawakenedcryptos8386
@beawakenedcryptos8386 3 жыл бұрын
Are you interested in getting info for better crypto gains?
@beautyonabudget_
@beautyonabudget_ 3 жыл бұрын
Im ready to invest in my first property but I live in Delaware & words cant describe how small this state is . I cant find a soul here interested in what i want. No one wants to invest in real estate or partner or even know what im talking about ! How do I get over this hump . I just want to get out there & buy but no one is willing to help .Kris is the only person who gets me & I have no way to talk to you :( . But your videos keep me motivated even though im literally stuck in this state of no opportunity
@beautyonabudget_
@beautyonabudget_ 3 жыл бұрын
@@kriskrohn7887 your a blessing thank you
@KrisKrohn
@KrisKrohn 3 жыл бұрын
Hey friend! I just blocked the person impersonating me, that number is not associated with me AT ALL.
@beautyonabudget_
@beautyonabudget_ 3 жыл бұрын
@@KrisKrohn oh noo ! Those scammers are so mean . Thanks Kris
@miniman-uj4jf
@miniman-uj4jf 2 жыл бұрын
Amazing breakdowns and presentation
@JazminBautista
@JazminBautista 3 жыл бұрын
Compound interest is the MOST POWERFUL tool we have today
@beawakenedcryptos8386
@beawakenedcryptos8386 3 жыл бұрын
Are you interested in getting info for better crypto gains?
@milkewandia6700
@milkewandia6700 7 ай бұрын
​@@beawakenedcryptos8386yes
@alyssalynch6252
@alyssalynch6252 2 жыл бұрын
How do we get a compounding account?
@PaulIkechukwu-gs6ir
@PaulIkechukwu-gs6ir 4 ай бұрын
Compound interest is the 8th wonder of the world he who understands it earns it, but he who doesn't pays it
@PaulIkechukwu-gs6ir
@PaulIkechukwu-gs6ir 4 ай бұрын
By Albert Einstein
@johntynio3416
@johntynio3416 25 күн бұрын
5,10, and 20 years! Are you kidding me! How about something for 5,10, and 20 days! C'mon people need money today! Thanks Kris Krohn!
@fs8799
@fs8799 3 жыл бұрын
Excellent 👌 content, love this channel. Thank you
@beawakenedcryptos8386
@beawakenedcryptos8386 3 жыл бұрын
Are you interested in getting info for better crypto gains?
@ronaldoEscalanteCruz
@ronaldoEscalanteCruz 3 жыл бұрын
Your amazing brotha
@Befree.e
@Befree.e 2 жыл бұрын
AMAZING TEACHER
@dbljester
@dbljester 3 жыл бұрын
Long time since I heard the Rule of 72. Bring back the knowledge Kris.
@beawakenedcryptos8386
@beawakenedcryptos8386 3 жыл бұрын
Are you interested in getting info for better crypto gains?
@chillietamore4555
@chillietamore4555 Жыл бұрын
How do I go about the compound interest, please I'll need someone to put me through
@vibemartel6188
@vibemartel6188 Жыл бұрын
Wow this is so cool 😎
@Carlton4starZ
@Carlton4starZ Жыл бұрын
Where can I do this compound interest investment? With someone that won't shut down in months
@vibemartel6188
@vibemartel6188 Жыл бұрын
How can I turn (example)10 into 20
@lusoroofing5221
@lusoroofing5221 3 жыл бұрын
your youtube channel is compounding! keep up the valuable and entertaining content!
@beawakenedcryptos8386
@beawakenedcryptos8386 3 жыл бұрын
Are you interested in getting info for better crypto gains?
@N000-reply
@N000-reply 3 жыл бұрын
Really motivating
@beawakenedcryptos8386
@beawakenedcryptos8386 3 жыл бұрын
Are you interested in getting info for better crypto gains?
@juniormukosha7017
@juniormukosha7017 Жыл бұрын
I would like to start now what should I do where to invest now
@robertperez583
@robertperez583 3 жыл бұрын
Great video 👍🏼
@beawakenedcryptos8386
@beawakenedcryptos8386 3 жыл бұрын
Are you interested in getting info for better crypto gains?
@ravindermeena3750
@ravindermeena3750 3 жыл бұрын
U are fantastic, knowledgeable person i always see ur videos. NAMESTAI FRM INDIA 🙏🙏
@beawakenedcryptos8386
@beawakenedcryptos8386 3 жыл бұрын
Are you interested in getting info for better crypto gains?
@user-zc6pn2lf6s
@user-zc6pn2lf6s 3 жыл бұрын
Following you from Morocco❤❤
@beawakenedcryptos8386
@beawakenedcryptos8386 3 жыл бұрын
Are you interested in getting info for better crypto gains?
@RahulKashyap-ij9re
@RahulKashyap-ij9re 3 жыл бұрын
The grew and balthzar compound interest comparison came from Tony robins book unshakable?
@beawakenedcryptos8386
@beawakenedcryptos8386 3 жыл бұрын
Are you interested in getting info for better crypto gains?
@nicoleegger4209
@nicoleegger4209 3 жыл бұрын
Do you have your real estate license? Considering getting mine for investment purposes instead of giving someone else the commissions. Thanks brother for all this. You are sent from the Devine into my path. Grateful indeed.
@beawakenedcryptos8386
@beawakenedcryptos8386 3 жыл бұрын
Are you interested in getting info for better crypto gains?
@JulietteandCompany
@JulietteandCompany 3 жыл бұрын
I’ve made 50% on the stock market and I’ve been trading for 2 months. I just started in real estate and will be purchasing my 2nd rental property.
@williecoleman8079
@williecoleman8079 2 жыл бұрын
How is it going today? I hope you were able to pull some of your profits.
@edisonorellana3515
@edisonorellana3515 Жыл бұрын
@@williecoleman8079 was this sarcastic? Lol
@williecoleman8079
@williecoleman8079 Жыл бұрын
@@edisonorellana3515 No, just curious.
@jonwhite9678
@jonwhite9678 Ай бұрын
Hey how ya doing today? Still climbin??
@prestonjacobs9378
@prestonjacobs9378 3 жыл бұрын
Kris is there anyway I can get my hands on your book without having audible or shipping it to my house? I’m am really interested!!
@beawakenedcryptos8386
@beawakenedcryptos8386 3 жыл бұрын
Are you interested in getting info for better crypto gains?
@JazminBautista
@JazminBautista 3 жыл бұрын
Compound interest works both ways... when you're in debt... or when you're building wealth
@ejcorinealdi
@ejcorinealdi 3 жыл бұрын
Have you tried using compound interest with a life insurance policy?
@afrohauk13
@afrohauk13 Жыл бұрын
@@ejcorinealdi whole life insurance?
@ejcorinealdi
@ejcorinealdi Жыл бұрын
@@afrohauk13 yes
@wilfredogonzalez1422
@wilfredogonzalez1422 Ай бұрын
B​@@ejcorinealdihey how you do that?
@mwjc5818
@mwjc5818 Жыл бұрын
Also perhaps most importantly your not going to get the same interest rate on savings once you go above say 200k~ the banks will give you a much much lower interest rate.
@chrismurphy7922
@chrismurphy7922 Жыл бұрын
I need your advice please
@aaron_reynoso
@aaron_reynoso 3 жыл бұрын
Now it’s time to put that knowledge into work!
@aaron_reynoso
@aaron_reynoso 3 жыл бұрын
@@emilytiana what’s that number for
@aaron_reynoso
@aaron_reynoso 3 жыл бұрын
@@emilytiana thank you so much I will make use of this!
@KrisKrohn
@KrisKrohn 3 жыл бұрын
Hey Aaron, the person who gave the phone number above is not the real Kris Krohn. I've removed their fake comment.
@aaron_reynoso
@aaron_reynoso 3 жыл бұрын
@@KrisKrohn oh I didn’t even check, if it was actually you. Thank you so much. I should’ve been more careful
@aaron_reynoso
@aaron_reynoso 3 жыл бұрын
@@KrisKrohn thanks for looking out for me
@user-iv4vw8gb7i
@user-iv4vw8gb7i 3 ай бұрын
Make. Videos about the. Daaily. coupmoding plssssss
@MBATheGreat
@MBATheGreat 3 жыл бұрын
Do you do commercial or residential? Or both
@beawakenedcryptos8386
@beawakenedcryptos8386 3 жыл бұрын
Are you interested in getting info for better crypto gains?
@chrisj.fisher
@chrisj.fisher 3 жыл бұрын
Hahaha the intro killed me! awesome video!
@beawakenedcryptos8386
@beawakenedcryptos8386 3 жыл бұрын
Are you interested in getting info for better crypto gains?
@kyleracchione8683
@kyleracchione8683 3 жыл бұрын
How would Someone become successful in Real Real estate?
@Jordainetrades
@Jordainetrades 3 жыл бұрын
Buying a house and rent it or flip it and if that house has Equity you can ask the bank for an equity line of credit and buy another house and keep on duplicating it on til you reach your financial goal
@biggame7773
@biggame7773 3 жыл бұрын
It's hurt to see 100$ get cutted like that😭
@JazminBautista
@JazminBautista 3 жыл бұрын
YESSSS
@MBATheGreat
@MBATheGreat 3 жыл бұрын
It was fake😂
@josipstrekelj576
@josipstrekelj576 2 жыл бұрын
Not 7627 ? How ?
@jeweljackson4510
@jeweljackson4510 10 күн бұрын
Hello i am 54 and dont have alot of time to Compound to make a whole lot im only able to put away $100 monthly im starting an M1 account with some stocks i hate that i only have $1100 in have any other quicker investments.
@tamartamunanemsadze7750
@tamartamunanemsadze7750 3 жыл бұрын
I know how it works the question is which bank gives it?
@JazminBautista
@JazminBautista 3 жыл бұрын
They don't, this works when you invest! Whether in the stock market.. Real Estate...
@tamartamunanemsadze7750
@tamartamunanemsadze7750 3 жыл бұрын
Thanks.
@JamaCabdi-fw2sf
@JamaCabdi-fw2sf 5 ай бұрын
@gowthamkrishnadronadula1606
@gowthamkrishnadronadula1606 Жыл бұрын
Its not “rule 72” It’s “RULE 70”
@emptyhz327
@emptyhz327 9 ай бұрын
Can u barrow from it¿
@PaulIkechukwu-gs6ir
@PaulIkechukwu-gs6ir 4 ай бұрын
Compound interest is the 8th wonder of the world he who understands it earns it he who doesn't pays it by Albert Einstein
@abhinayyogi7345
@abhinayyogi7345 3 жыл бұрын
3rd
@JazminBautista
@JazminBautista 3 жыл бұрын
Lucky!!
@abhinayyogi7345
@abhinayyogi7345 3 жыл бұрын
@@JazminBautista ye
@victorodt.5482
@victorodt.5482 3 жыл бұрын
So i need to go college !
@beawakenedcryptos8386
@beawakenedcryptos8386 3 жыл бұрын
Are you interested in getting info for better crypto gains?
@DylanSigleyDropServicing
@DylanSigleyDropServicing 3 жыл бұрын
Well, that's one way to hook people into the video 😬
@beawakenedcryptos8386
@beawakenedcryptos8386 3 жыл бұрын
Are you interested in getting info for better crypto gains?
@shlime7740
@shlime7740 3 жыл бұрын
I hope every knows that’s fake 100$ bills
@beawakenedcryptos8386
@beawakenedcryptos8386 3 жыл бұрын
Are you interested in getting info for better crypto gains?
@Elijah-Bravo
@Elijah-Bravo 3 жыл бұрын
I cringed hard at that intro.
@beawakenedcryptos8386
@beawakenedcryptos8386 3 жыл бұрын
Are you interested in getting info for better crypto gains?
@UchihaDestiny09
@UchihaDestiny09 3 жыл бұрын
1st :D ^_^
@beawakenedcryptos8386
@beawakenedcryptos8386 3 жыл бұрын
Are you interested in getting info for better crypto gains?
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