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Home > Next Level University > #1098 - The “Magic Penny” Riddle And What It Means For You
Podcast: Next Level University
Episode:

#1098 - The “Magic Penny” Riddle And What It Means For You

Category: Education
Duration: 00:26:48
Publish Date: 2022-09-18 16:00:00
Description:

A magic penny is a penny that doubles in value each day for a month. In today’s episode, hosts Kevin Palmieri and Alan Lazaros talk about this penny and what it means for you financially and life in general. While actual magical pennies don't exist, the concept is very common. This story illustrates nothing more than the power of compound effect that anyone can gain by investing their money continuously (and wisely) over their lifetime.

The Magic Penny graph: https://bit.ly/3Uk6xpB

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