Watch Your Money Grow: How $100K Turns Into $1 Million with Compounding Magic!
Using math, technology, and the python programming language
Disclaimer: The material in this article is purely educational and should not be taken as professional investment advice. Invest & budget at your own discretion. Affiliate links are in this article (by clicking on these links you help me out with no additional cost to yourself). Please enjoy the article!
I created a program using the python programming language to show mathematically the amount of time it could take anyone to turn $100,000 to $1,000,000. The results in this article may surprise you. Continue reading to see just how possible this is and don’t worry, even if you are starting from zero, this article will show you how you can get from $0 to $100,000 then to $1,000,000 in a relative short period of time!
“Your net worth will ‘go crazy’ once you pass this ($100,000) money milestone — Charlie Munger”
The concept here is that once you’ve accumulated $100,000 through savings and investments, the “magic power” of compounding starts to work for you more effectively. Of course, this isn’t magic at all but math. Through the power of compounding, it would take less time for you to reach your next $100,000 and…