150. Why Compound Interest May Be OVER-RATED / Ask The Money Nerds

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In this episode of Ask the Money Nerds, Garrett takes a deep dive into the commonly discussed money topic of compound interest. Is compound interest a myth?

When is the right time to take money from a retirement plan? Is compound interest the only way to grow your wealth or is it over-rated? Today, we explore how the banks and institutions make money while giving you the opposite advice on how you can grow your money. We take a look at some of the pitfalls with utilizing government sponsored plans and the traps of keeping your money "invested" for as long as possible even if it's not to your long term benefit.

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What Would Billionaires Do - https://wlth.co/yt-garretts-billionaire-book

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