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Key Takeaways Bitcoin is a decentralised digital currency — no bank or government controls it. Transactions are recorded on a public ledger called the blockchain. There will only ever be 21 million bitcoins — scarcity is built into the code. Bitcoin is highly volatile — its price can drop 50%+ in weeks. Only invest what … Read more
Key Takeaways Compound interest means earning interest on your interest — your money grows exponentially, not linearly. The earlier you start investing, the more powerful compounding becomes. At 7% annual return, money doubles roughly every 10 years (Rule of 72). $1,000 invested at 22 becomes ~$29,000 by age 62 at 8% return — without adding … Read more
Key Takeaways You can start investing with as little as $1 through fractional shares and micro-investing apps. Index funds (like S&P 500 ETFs) are the best starting point for most beginners — low cost, diversified. A Roth IRA is the best account type for most young investors — tax-free growth and withdrawals. Consistency beats amount … Read more