Demonstrating time value of money-- any good videos?
Posted: Wed Dec 26, 2012 2:16 pm
Hi all,
My college aged brother will be in town soon, and I wanted to get him up to speed on basic money principles, and boglehead views on saving and investing. Understanding the time value of investing money NOW and future growth potential for invested money is an important foundation. I remember reading examples of compounding growth in Finance class and thinking "I want to start saving right now."
Does any one have recommendations for a good video which demonstrates the value of saving/investing now, versus waiting until later and losing time.
Thanks all.
-Kevin
My college aged brother will be in town soon, and I wanted to get him up to speed on basic money principles, and boglehead views on saving and investing. Understanding the time value of investing money NOW and future growth potential for invested money is an important foundation. I remember reading examples of compounding growth in Finance class and thinking "I want to start saving right now."
Does any one have recommendations for a good video which demonstrates the value of saving/investing now, versus waiting until later and losing time.
Thanks all.
-Kevin