🌅 MILLIONAIRE MONEY HABITS
🔥 John Bogle changed the financial world by creating the first fund for everyone, and Warren Buffett called it the man who did more for investors than anyone.
💎 Buy a broad index fund instead of trying to guess the market
💡 Buying the whole market at once removes the stress of choosing stocks and provides steady growth without the risk of losing everything on one unlucky company.
🧮 The power of a small amount every day
▪️ 7 USD per day × 30 years at 8% per year ≈ 317,000 USD
▪️ Your own contributions: only 77,000 USD
▪️ The rest, 241,000 USD, is interest on interest (76% of the capital)
📐 Formula: Capital = contribution × ((1 + r)ⁿ − 1) / r (r — monthly rate, n — number of months)
🎯 How to implement it today:
1️⃣ Study the index funds available on the exchange
2️⃣ Set aside your first small amount of 10 USD today
3️⃣ Set up automatic monthly purchases of the fund
📌 John Bogle — Investors Against the Market / book, 2017
💰 Millionaire Habits
#BinanceSquare #финансы #деньги #инвестиции #millionaire
🔥 John Bogle changed the financial world by creating the first fund for everyone, and Warren Buffett called it the man who did more for investors than anyone.
💎 Buy a broad index fund instead of trying to guess the market
💡 Buying the whole market at once removes the stress of choosing stocks and provides steady growth without the risk of losing everything on one unlucky company.
🧮 The power of a small amount every day
▪️ 7 USD per day × 30 years at 8% per year ≈ 317,000 USD
▪️ Your own contributions: only 77,000 USD
▪️ The rest, 241,000 USD, is interest on interest (76% of the capital)
📐 Formula: Capital = contribution × ((1 + r)ⁿ − 1) / r (r — monthly rate, n — number of months)
🎯 How to implement it today:
1️⃣ Study the index funds available on the exchange
2️⃣ Set aside your first small amount of 10 USD today
3️⃣ Set up automatic monthly purchases of the fund
📌 John Bogle — Investors Against the Market / book, 2017
💰 Millionaire Habits
#BinanceSquare #финансы #деньги #инвестиции #millionaire