A Penny Doubled For 30 Days Or $1 Million Now?

When you double a penny for 30 days, you will end up with over $5 MILLION, $5,368,709.12 to be exact.

This perfectly demonstrates the power of compounding returns that you will get overtime.

It’s pretty simple, divide 72 by your annual rate of return and you will know how long it will take for your investment to double.

The Rule Of 72

If you start early with investing money letting it grow over time, you will have the most benefit from it.

Investing Early Is Key

The magical penny shows that small amounts add up. Don’t underestimate that. Yes, starting with a small amount of money is better than not starting. You can always increase that over time.

Vanguard – One of the biggest investment companies and a great place to buy your index funds. Acorns – Helps you to invest your spare change and start small with investing.

How Do I Start Investing?

You can always start investing today and increase the amounts over time. When you’re investing a penny and patiently waiting for it to double overtime, you now know the profound effects.