A Mind-blowing Experiment ...
Your investment is COMPOUNDING.
The idea of compounding probably isn’t new … but there’s a world of difference between “knowing” about it … and “EXPERIENCING” its effect.
Here’s a demonstration to blow your mind …
... which shows how our brains really don’t “get” the power of compounding.
Imagine I give you a piece of paper.
It’s as big as you like - there is no limit.
Now I want you to fold that paper in half.
Then fold it in half again.
And now keep folding it in half … 50 times in total.
(You can’t do this in practice - you can only fold it 8-10 times … but this is a thought experiment … go with it!)
OK … you’ve folded it in half 50 times. I now have a question for you …
How thick / high is that folded paper?
Before you click on for the answer … have a guess.
You won’t “know” - so there’s no pressure to be “right”.
What does your instinct tell you?
How thick / high do you think it is?
Got your guess? (When I first saw this answer I couldn’t believe it … you’ll see why.)
How thick is the paper? ...