Which would you rather have, $1 Million today or the outcome of doubling a penny a day for 30 days?

gm Lions!

It's Beer o'clock (again) and it's time to stake a few more PolyCUB.

Beer O clock Polycub thoughts.jpeg

Why? because when it comes to compounding, every Polypenny counts and every day counts too.

And to demonstrate just how much it counts, I'd like to share a few examples that will help us understand de tremendous power of compounding.

Let's start with the title of this post which is a little riddle legendary investor Chuck Akre likes to ask people when he kicks off a presentation.
chuck_akre.03.jpg

If we do some quick numbers, we'll see that after a week we'll have $0.64 (less than 1 HIVE). After two weeks we'll have a $163.84.

On day 24, we've still got less than $100 Grand.

And even at day 27, you'd still be better off taking the million bucks.

A penny every day chart2.jpeg

Let's look at a graph:

A penny a day graph.png

But after day 30 is finished, if you had picked the doubling penny, you'd have over $10 million to your name.

crazy numbers, right?

I know, It takes a while to get the ball rolling, but when it does, it's moontime.

It's quite natural for us humans to overlook this phenomenon, because we tend to think about numbers more linearly, so it's not immediately obvious.

Plus we tend to want things now or Soon™ rather than waiting.

20% APR

I've heard @scaredycatguide say many times during the Leo Finance AMA's that he likes 20%. I like this number too. In fact, It's my target average APR.

Let's look at a hypothetical long-term investment that yields 20% a year over 30 years.

As you can see, the first 25 years only make 40% of the total, while the last 5 years make up a huge 60%

Not shabby at all, right?

"Staying invested in the market is much more important than timing the market"

And this is 20%
look at what PolyCUB is yielding right now:

PolyCUB yield.png

so enjoy the dip guys; buy if you can.

But if you're not able to, just HODL for the long-term if possible.

in 10 years, You'll be grateful you did.

sources:

https://www.newtraderu.com/2013/08/19/how-much-does-a-penny-doubled-every-day-for-month-end-up-being/ https://www.diyinvesting.org/compound-interest/ https://valueinvestingfundsindia.com/on-the-power-of-compounding/

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