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Podcast: Be Wealthy & Smart
Episode: What Happens After the Pandemic?
Description: Learn why the stock market is anticipating an improvement in the economy. How quickly will the economy recover? It's important to look beyond the chasm and maybe even into 2021. Are you investing well for financial freedom...or not? If you invest $10,000 per year for retirement, but earn only 2%, after 20 years you'll have $262,692 and after 30 years $431,908. However, if you invested for growth and the stock market averaged 10% annually, your $10,000 per year would grow to $697,299 after 20 years and $1,983,928 after 30 years! A huge difference. Your compounding rate, and how well you invest, matters! <...