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Why Ignoring Small Investment Returns Makes You Poor

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???? Turning $5 a Day into Stock Market Gains: The Power of Consistency & Compounding
In today's video, join me on my financial journey as I dive deep into the results of my $5-a-day stock market challenge! ???? From January 2022, I've been consistently investing this small amount to prove a simple point: Anyone can get started in the world of investing.

STUFF I RECOMMEND!*
Investing Apps and Tools:
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Credit Cards & Credit Score:
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✅ What you'll learn:

The essence of my $5 daily investment and how it's performed so far. ????
The POWER of compound interest and why the magic is in the percentage. ????

Why many investors lose money, and how to be in the successful 10%.

A real-time example of future growth using NerdWallet's Compound Interest calculator. ????️

The psychological barriers that hold investors back & how to overcome them. ????

A recap of historic market downturns and why you shouldn't fear the dips. ????

Timestamps:
00:00 - Introduction & My $5-a-day Challenge ????
00:09 - Why many laugh at small returns & why they're wrong.
00:33 - Understanding annual growth & investor mistakes.
01:04 - Revealing my total return so far.
01:30 - Shifting focus from money to percentage growth.
02:08 - NerdWallet Compound Interest Calculator Tutorial.
03:22 - Predicting the future: What does 20 years look like? ????
04:35 - Psychological pitfalls in investing.
05:10 - Reflecting on past market crashes and maintaining a steady course.

???? Links mentioned:

NerdWallet Compound Interest Calculator: https://www.nerdwallet.com/calculator/compound-interest-calculator

CNBC Article: https://www.cnbc.com/2022/05/16/nearly-40percent-of-investors-who-pulled-money-out-of-markets-regret-it.html

???? Cheers to the journey ahead! Remember, small steps today lead to big results tomorrow. Stick around till the end for a surprise invite! If you find value in today's video, don't forget to hit that ???? LIKE button, and consider subscribing for more financial wisdom! ????

???? Webull App - get free stocks when you join this brokerage app (limited time) ► http://sweetlifesuccess.com/go/webull

*Disclaimer: Bob is not a financial advisor. Please contact a professional financial advisor prior to making any decisions. Some of the links and other products that appear on this video are from companies in which Bob Sharpe earns an affiliate commission or referral bonus. Bob Sharpe is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available.
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