Your money is sitting still while everyone else's money is multiplying. Put $10,000 in a big bank account at 0.4% and after 30 years you have about $11,000 — put that same $10,000 in a broad index fund at about 7% and you have about $76,000. That $65,000 gap is compound interest: $100 a month over 40 years puts in only $48,000 but grows to roughly $262,000. Follow US Money Guide for daily money tips!
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Educational content, not financial advice.