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So clever (lemmy.world)
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[-] Donkter@lemmy.world 38 points 1 week ago

I understand compound interest and how it works. If I invest money now, the interest I earn compounds on my accumulated interest on top of the initial investment. It's not a very difficult or esoteric concept.

What now? Do I get a pony?

[-] Kelly@lemmy.world 9 points 1 week ago

That depends, did you buy ¼ of a pony 20 years ago?

this post was submitted on 10 Dec 2024
748 points (98.3% liked)

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