LevWedge Studios Presents
FRIDAY OCTOBER 20, 2023
WHAT'S INSIDE:
Puppets | Perspective | Finance
VOL.2
The Power of Compounding Mr. Market - what’s moving Greedy’s Tickers - Top Bulls & Bears Greedy’s Take - The cost of a new truck Coming at ya - Next week’s preview
A Note from Greedy... The Power of Compounding Interest 2.0 Dear Mutants, Warren Buffett, the Oracle of Omaha and an investing genius, wisely reflected, **"My wealth has come from a combination of living in America, some lucky genes, and compound interest."** But what is it about compounding that's so magical? At its core, compounding interest is simply the concept of earning interest on interest. The beauty of it is that even a 1% difference in your returns can be the deciding factor between a comfortable retirement and a luxurious one. Let's unpack this. Every 1% edge you gain over the market's average returns doesn't just add a percentage to your savings – it multiplies over the years. If the average market return is, say, 7%, then an 8% return, when compounded over decades, doesn't just net you a bit extra – it can mean the difference of millions. Every day you let pass without harnessing the power of compounding, you're leaving money on the table. Money that could have been working for you, growing, multiplying. As Buffett also said, **"Someone's sitting in the shade today because someone planted a tree a long time ago."** Are you planting your financial tree? Here's the thing, Mutants: Don't waste time. And more importantly, **DON'T WASTE GREEDY'S TIME!** Every moment counts in the world of compounding. Your financial future, the dreams you harbor for yourself and your loved ones – they're all intertwined with the decisions you make today. To end on another note from Buffett: **"The stock market is a device for transferring money from the impatient to the patient."** So, be patient, let compounding do its job, and watch as your financial landscape transforms. Yours in compounding success,
Stay Greedy, Mutants.
www.greedyshow.com