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[kpopsecretmeme2]

KPOP SECRET MEME PART 323

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k so say you get some sort of account and put 1000 in. from there you get your pick of what funds, etfs, stocks or bonds you want to buy. so you decided to put your 1k in a US-index (prob s&p tracked). over the month this index increases by 1%, so your account worth has increased 10$ without you doing anything. if you add in another 1k into the us-index now you've have 2010. if it goes up by 1% again you'll have made 20.10$.

if you had it set up so you'd get a cash out every month and you got 1% monthly, you'd get 20.10 every month. obviously payouts at 2k aren't significant enough, the real $$ comes when you re-invest the payouts/dividends back into the index. over time this 2k will grow to 3k, 3k to 5k, 5k to 10k and so forth. its called compounding interest and its the real key to wealth.