Re:Ask HN: What's the most valuable thing you can learn in a...
by JMTQp8lwXL on Wednesday November 20, 2019 @09:15AM
(#21584059)
To reap the benefits of compound interest (in your favor), you need to stick to a plan. You can't dump your investment portfolio after 5 years. It's these small, daily decisions that add up over time. So while the output is multiplicative, the necessary input is only linear.
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Re:Ask HN: What's the most valuable thing you can learn in a...
by BoiledCabbage on Wednesday November 20, 2019 @09:28AM
(#21584174)
Yes but the linear input is not the relevant part. The compounding is.
Re:Ask HN: What's the most valuable thing you can learn in a...
by JMTQp8lwXL on Wednesday November 20, 2019 @09:31AM
(#21584201)
If you had to put in compounding effort, the compounding output would seem far less intriguing or worthwhile. If investment returns weren't exponential, or required exponential input to receive exponential output, it'd be far less useful of a concept.