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How Does Compound Interest Work?

  Рет қаралды 114,567

Dan Lok

Dan Lok

Күн бұрын

Пікірлер: 103
@GrowYourWealth101
@GrowYourWealth101 3 жыл бұрын
"A river cuts through a rock not because of its power but it's persistence!" 🙏
@lloydbell913
@lloydbell913 Жыл бұрын
Very wise
@deepakdulal9346
@deepakdulal9346 3 жыл бұрын
I am a 13 year old boy but i know how the business work after watching videos of dan lok and Robert kiyosaki. I have also read books of Robert kiyosaki rich dad poor dad and dan lok book f.u money. This book improved my life by telling me how the cash you and business work. I will be the youngest billionaire in the world.thank you.
@eliasaiyenero6127
@eliasaiyenero6127 8 ай бұрын
How is it going champ?
@maisymorris7506
@maisymorris7506 5 ай бұрын
Well done you for starting young. I’d love to see you on tv when you’ve made history x
@ElSer5.0
@ElSer5.0 2 ай бұрын
@@eliasaiyenero6127Bros a billionaire now
@AliHasGaming
@AliHasGaming 2 ай бұрын
Blud you achieved it or...got distracted cuz distractions are more common at teen life
@ThreeTwentyTech
@ThreeTwentyTech 3 жыл бұрын
Compound interest is very useful when investing your money!
@ELI5FI
@ELI5FI 3 жыл бұрын
Compound interest is what helped me to become a millionaire! Once you learn this concept you'll be amazed at how your money can grow like a snowball.
@lanalove1985
@lanalove1985 2 жыл бұрын
Could you help me learn more on the best way to do this
@theaurafamilyy
@theaurafamilyy 10 күн бұрын
@@lanalove1985I would say to not over complicate it and just make a weekly/bi-weekly contribution to about 3-5 ETF. Weather it’s $10-$500 it’s really all up to you but what matters is that you have some skin in the markets at all times. Next thing you know 20 years pass by and you have a 6 figure+ portfolio. I personally have an automated process to where my main checking account automatically deposits cash into my brokerage account and most brokerages give you the option to have a bot balance your portfolio (AI) or you can go in and allocate manually.
@corcoranmagriproperties
@corcoranmagriproperties 3 жыл бұрын
And that means... Start right now!
@MakingMoneyAFRICA
@MakingMoneyAFRICA 3 жыл бұрын
Straight away
@corcoranmagriproperties
@corcoranmagriproperties 3 жыл бұрын
@@MakingMoneyAFRICA 💪🔥
@kenethgitimu9876
@kenethgitimu9876 3 жыл бұрын
I have been overlooking this principle but this video reinforced something in me about this topic. Thank you for always giving us informative content.
@DanLok
@DanLok 3 жыл бұрын
Glad it was informative for you, Keneth!
@AsenovMiroslav
@AsenovMiroslav 3 жыл бұрын
Just start right now! But where to invest?
@IndayIlongga06
@IndayIlongga06 3 жыл бұрын
I'm so thankful that I watch this because I can use this in my bussiness
@IndayIlongga06
@IndayIlongga06 3 жыл бұрын
@@ross5548 but I'm here in Philippines
@Martin-dq1wv
@Martin-dq1wv 3 жыл бұрын
@@IndayIlongga06 He's not the real guy.
@beebsblue
@beebsblue 3 жыл бұрын
Learnt about compound interest the hard way when I took out a student loan 😬
@user-lr2je6bx3i
@user-lr2je6bx3i 3 жыл бұрын
Unfortunately I do not understand English fluently .. and I missed a lot of understanding your advice ... but you really inspired me ... thanks 🥰🥰
@SY-sp8uo
@SY-sp8uo 3 жыл бұрын
And school keeps teaching us for integrals while we actually need it. 💯
@mcncheese69
@mcncheese69 2 ай бұрын
School useless invented to keep poor people poor
@JayCampbellMaximiseYourMoney
@JayCampbellMaximiseYourMoney 3 жыл бұрын
I'd rather have money work hard for me, thats my answer 😅😂
@Martin-dq1wv
@Martin-dq1wv 3 жыл бұрын
@Dan Lok bruh
@JayCampbellMaximiseYourMoney
@JayCampbellMaximiseYourMoney 3 жыл бұрын
@@Martin-dq1wv It's not actually him lool!
@MakingMoneyAFRICA
@MakingMoneyAFRICA 3 жыл бұрын
Most definitely bro
@tayseerjbeilimanagement626
@tayseerjbeilimanagement626 3 жыл бұрын
If there is road to build the wealth you can build step and step like you
@kishoresclasses
@kishoresclasses 3 жыл бұрын
Do More videos on creating money.. Iam big fan of you, Iam from India..
@swaralikhandagale1606
@swaralikhandagale1606 3 жыл бұрын
Love from india sir❤️
@CamelliaAngelicaDonald
@CamelliaAngelicaDonald 3 жыл бұрын
Thx I really appreciate it thx for sharing
@JoyceWSolomon
@JoyceWSolomon 3 жыл бұрын
Dan, I love your content. Keep up the good work.
@kingjame5333
@kingjame5333 3 жыл бұрын
I did 100 video challenge in seven days I advise everyone to do it if down lock is your mentor he is mine and refresh my mind but I have to do thank you down lock you’re the man and I’m sorry I can’t afford the other program but one day I will till then I’m gonna keep listening and working hard
@WhatIfANDHow991
@WhatIfANDHow991 4 ай бұрын
Compound interest power!
@swangandbangmerc4971
@swangandbangmerc4971 3 жыл бұрын
This shh!! Hit
@Talkinglife
@Talkinglife 3 жыл бұрын
Compound interesting is the greatest miracle of all times
@mallikjan2180
@mallikjan2180 3 жыл бұрын
Dan lok I want to know how to create a first asset of money 😬😬😬😬😞😞😞😞
@swaralikhandagale1606
@swaralikhandagale1606 3 жыл бұрын
I am from india
@christopherngeleoma
@christopherngeleoma Жыл бұрын
thanks
@GrowYourWealth101
@GrowYourWealth101 3 жыл бұрын
The harder you work for something, the greater you’ll feel when you achieve it. 💪
@Quadriple.
@Quadriple. 3 жыл бұрын
Nice video
@makif-tv
@makif-tv 3 жыл бұрын
Good video🥇🥇🥇
@biplabmohapatra5045
@biplabmohapatra5045 3 жыл бұрын
How to achieve financial confidence?
@biplabmohapatra5045
@biplabmohapatra5045 3 жыл бұрын
@@investormrs.prisca3748 What
@mithun2162
@mithun2162 3 жыл бұрын
Long time see you again .
@LifeofKairo
@LifeofKairo 3 жыл бұрын
TLDW: compound interest is your best friend 😝
@MakingMoneyAFRICA
@MakingMoneyAFRICA 3 жыл бұрын
I completely agree with you 💯😁
@josesoto2079
@josesoto2079 3 жыл бұрын
TLDM WHAT'S THE MEAN!!! SORRY FOR MY IGNORANCE! I JUST WANT KNOW!.
@LifeofKairo
@LifeofKairo 3 жыл бұрын
@@josesoto2079 ah it’s just short for Too Long Didn’t Watch...although I did watch because the video is great 😌
@YtcFaisalTV
@YtcFaisalTV 3 жыл бұрын
Excellent bro ❤❤❤
@henokezt
@henokezt 3 жыл бұрын
great
@nonsensehuman5809
@nonsensehuman5809 3 жыл бұрын
Great ☝
@deepakjamra5502
@deepakjamra5502 2 жыл бұрын
Thanks
@MiggsMultiple
@MiggsMultiple 3 жыл бұрын
WOO HOO! $250 over 5 years....What a life changer
@solidsnake9898
@solidsnake9898 3 жыл бұрын
I remember learning about this in year 8 when I was 13 lol
@richardfrancis1686
@richardfrancis1686 3 жыл бұрын
Thank you Sifu, this was really helpful, I trade Forex and compound my amounts on a weekly basis, I've never been able to easily explain this, the video says it perfectly because it compounds weekly. What a great video.
@chiragdhanani722
@chiragdhanani722 3 жыл бұрын
Which is best option for compound interest ?
@chiragdhanani722
@chiragdhanani722 3 жыл бұрын
Can u tell me which is best plan for CR ?
@AwakenedMatthew
@AwakenedMatthew 3 жыл бұрын
I love your videos Dan I learn so much at 13 years old🙏🏽❤️
@FundedBeco
@FundedBeco 2 жыл бұрын
Nice knowledge
@gilbochrist1247
@gilbochrist1247 3 жыл бұрын
Bro I just a kid now , but what should I do after I finish my school.
@gilbochrist1247
@gilbochrist1247 3 жыл бұрын
Mm ok
@exwhyzedgaming426
@exwhyzedgaming426 2 жыл бұрын
Compound interest is the 8th wonder if the world. ~Albert Einstein
@777jac
@777jac 3 жыл бұрын
How will it work when inflation go crazy from endless stimulus packs ?
@ref1c
@ref1c 2 жыл бұрын
Hello I bought OTM GME weekly calls for compound interest. However, they all expired worthless. Could you explain where I may have gone wrong?
@MakingMoneyAFRICA
@MakingMoneyAFRICA 3 жыл бұрын
Dan Lok For President 💯😁 Like If You Are 👍😁
@gosiikingdom3788
@gosiikingdom3788 3 жыл бұрын
I'm from South Africa...how do i start clothes /Fashion brand Business if i want it to be successful and reach to other countries?
@lukaerceg7275
@lukaerceg7275 3 жыл бұрын
Dan Lok was before talking about developing a high income skill first so that you have enough money to start a business. Don't start a business just because you need money! Business needs to create value and it is hard to do so without a some start capital. That's my opinion, hope it helps! ;)
@abrahiemdash7676
@abrahiemdash7676 3 жыл бұрын
I will assume that you already have enough money to start your business First thing you need to do is to know who will be your brand customers in the countries you want to sell to And know how to find them Then create a marketing strategy to attract them to buy from you
@Chironex_Fleckeri
@Chironex_Fleckeri 3 жыл бұрын
@@lukaerceg7275 Doesn't really apply to fashion. It's basically just too risky because the market is saturated with big megacorporations and boutique brands like Supreme. The prudent thing to do is to use your 1 shot at life to make safe investments and retire with a few million.
@DWorldGamer
@DWorldGamer 3 жыл бұрын
Dan please tell about public speaking tips
@jeffdorris5321
@jeffdorris5321 3 жыл бұрын
Nice work 🎆✨🌠
@jjorr1
@jjorr1 2 жыл бұрын
If I keep adding money does this continue to happen at higher interest pay back
@chestydevildonut6550
@chestydevildonut6550 2 жыл бұрын
I have money I want to invest. However, the S&P is so high so I'm nervous about buying in because of that. How would I make money??
@luchalerae7687
@luchalerae7687 Жыл бұрын
Thank God for Novatech!
@BhanuPrakash-qy5rl
@BhanuPrakash-qy5rl 3 жыл бұрын
The voice was like Robert kiyosaki tone ❤️🙏
@braimabari6278
@braimabari6278 3 жыл бұрын
Why Dan helping me a lot he don't even knows me
@linkedknowledge3506
@linkedknowledge3506 3 жыл бұрын
Bigger fan
@insist9330
@insist9330 3 жыл бұрын
Where is Jack ma.?????
@jbbansal1556
@jbbansal1556 2 жыл бұрын
Can anyone help me with what tool/software was used to create this video?
@asmashingwayita9200
@asmashingwayita9200 2 жыл бұрын
i'm interested too!
@1.5Koreans0.5American
@1.5Koreans0.5American 3 жыл бұрын
Love this type of info graphic animation 🙌
@usukhgantumur1017
@usukhgantumur1017 3 жыл бұрын
What if the invested stock drops in a very short time ?
@pingupenguin2474
@pingupenguin2474 6 ай бұрын
Then sit tight, it will likely come back up again. I put my first lump sum into a mutual fund beginning of 2020. It nosedived because of Covid. But by the end of the year it had shot back up again and gained 19percent !! The advice I was given is to hold stock for at least 5-10 years as growth is not a straight line.
@unabonger777
@unabonger777 3 жыл бұрын
now run the calculation at .01% interest
@maxchannel9306
@maxchannel9306 Ай бұрын
You guys forgot about taxes…
@jimwilliams6827
@jimwilliams6827 3 жыл бұрын
WRONG! one year-$365, 2 years-$730, 3 years-$1095!
@danielcooke44
@danielcooke44 3 жыл бұрын
You’re right, it’s a small mistake tho
@chaddominick9713
@chaddominick9713 3 жыл бұрын
Document 1207 pg7
@christopherngeleoma
@christopherngeleoma Жыл бұрын
you help me😅
@sundharsundhar5476
@sundharsundhar5476 3 жыл бұрын
Birth to death this world money money two eyes very safe very savings your video gold mountions diamonds words writings next generations very useful thanks sir halls garden Sundar sumathi
@samirmishra8381
@samirmishra8381 3 жыл бұрын
7th commenter
@birdsnbirdy1627
@birdsnbirdy1627 3 жыл бұрын
Tatto natho khaein gadah jo
@misterjoey3384
@misterjoey3384 2 жыл бұрын
$995 after 3 years???
@blazierd9781
@blazierd9781 2 жыл бұрын
Is it dangerous sir
@oladsynergysolutions1574
@oladsynergysolutions1574 3 жыл бұрын
Nice video
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