The Magic of Compounding

If you don't understand how compounding works, you're missing out.

Imagine I offered you a choice:

You could either receive $50,000 every single day for 30 days, or you could opt for a magical penny that doubles in value every day during the same period.

Right off the bat, most people would pick option #1, but let’s break this down.

Choosing option #1 would result in a total of $1,500,000 at the end of the month. This re…