Your First Million Is the Toughest

I once heard someone say that earning his first $10,000 was much more difficult than earning his last $1,000,000. It may not seem to make a lot of sense, but when you understand compounding interest it makes more sense. And the end result can be even more amplified if you use leverage to your advantage. Here are a few charts that showcase how many years it takes to reach each $1 million threshold given that you regularly invest and earn a decent rate of return. To go from $0 to $1 millio...
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