compound growth Archives - CLIPPING CHAINS

April 4, 2022April 3, 2022

EP 28: Compound Growth: Can I Catch Up Later?

Many of us understand that investing in an appreciating asset results in compound growth of our initial investment. But how does this really work? How can a small sum of money grow to something that can provide financial freedom with little to no effort beyond securing the initial investment? And most importantly, what are the different outcomes when debating whether to invest now or later in life?

December 28, 2021December 28, 2021

2021: A Year of Accelerated Change (and Top Posts)

I’ve thought a lot this year about the pace of change. We know from the study of ancient civilizations that multiple generations could pass with only the most modest and trivial changes in tools and methods for survival. You might have a lived a life shockingly similar to your great-great-grandfather, swinging a very similar hammer.

Yet as 2021 comes to a close, I can attest that my grandfather looks upon the world with dumbfounded astonishment, unable to clear his full voicemail inbox on his now ancient flip phone that, only a little over a decade ago, felt like the dawn of a new era.

February 22, 2021February 22, 2021

Expense Ratio & Fees: They’ll Hose You Big Time

Expense Ratio and Fees: They'll Hose You Big Time

Fees and expense ratios are some of the most poorly understood and (unfortunately) most impactful elements to long-term investing success. While someone investing at all is ahead of the curve, we must be fully aware of the corrosive impacts of the expense ratio and other fees.

This week we explain common sources of fees and analyze just how much they are costing us. Are you paying a financial advisor? We’ve got you on this one!

Let’s go!

February 8, 2021August 9, 2021

Your Questions Answered: Volume One

This week I decided to dig through my emails and finish answering some questions.

In this post we take another look at investing now vs later, the dynamics of financial independence without retiring early, housing and home ownership, more on day trading and investing apps, what the hell I do with my time, and much more.

Here is what is keeping you guys up at night, or at least spurring mild curiosity.

February 1, 2021February 10, 2021

The Wondrous And Fantastic Power Of Compound Growth

(And Why It Doesn’t Pay to Wait)

It’s so easy to assume that saving, investing, and even considering a retirement is something to do later. Unfortunately, well…no. We don’t need board room salaries or country club memberships to consider a retirement. But we do need an ally. And who can we put on our side of the ring? Compound growth.

Today we delve into the concerning data behind millennial retirement planning, some misconceptions on what retirement should be, and the shocking power of compound growth and how it can, quite possibly, save us from ourselves.

October 21, 2019October 21, 2019

Retirement? Don’t Worry, I’ll Be Fine!

I’m assuming roughly 100% of people reading this post envision some sort of eventual retirement. You might view this as a subject only worthy of future consideration, but it will happen. There’s no way you could be making a living wage in your 70s and 80s, right? In this post we’ll examine why you might be out of a job sooner than you think, and perhaps without a safety net. But this isn’t all dark clouds and cold rain my friend, for we can solve this dilemma with such little effort. And we can start today. Let’s go!