Such a nice break down

She is almost right. 5K invested monthly at 10% interest for 35 years will be 16.26M

Even when we factor in inflation, or future buying power, remember the shilling when Moi was in power is not the same as the shilling under Ruto … This concept should be taught to every child…

Okay but where do you invest that gives you that interest for that number of years?

We need to move form the idea of accumulating money for the future to cutting down future expenses in the present. Its funny when workers save pensions until their 60s and take loans to build homes in their 30s -50s because the system only allows purchase of complete houses.

Now that's the 8th wonder of the world in real life. We should have been taught these things in kindergarten, dang it! 😔

@grok educate this uninformed people. If I put 60,000 kenya shillings and buy bitcoin once today and leave it without touching it or adding any other amount for 35years how much will it be worth in Kenyan shillings?

Where is part two? I love this!

I get what she is talking about but she didn't also mention that it's done in a real world where there is risk and uncertainty and this can also go to zero but I guess it won't make it sound as good since we are hyping the magic of compounding

You took my attention away when the interviewer didn't know what "compound" meant.

Listen in

@Grok what's this lady's name?