Chapter 1
The magic of the compound snowball
Chapter 2
Ancient clay tablets and old money secrets
Chapter 3
The modern hustle and micro-investing
Chapter 4
The brain game and psychological traps
Ch 3 · The modern hustle and micro-investing
nic Micro-investing apps round up a $4.50 boba tea to $5.00, automatically investing the $0.50 difference into diversified fractional shares.
Quiz
Which feature on modern micro-investing apps automatically rounds up your everyday purchases to the nearest dollar and invests the difference?
Quiz
What is the term for owning a portion of a single stock share that is less than one full share?
nic Choosing high-yield accounts over traditional piggy banks starts your compound interest engine.
Quiz
If inflation is at 3% and your bank account pays 0.01% interest, what is happening to the purchasing power of your money?
Fun Fact
Warren Buffett's age: Over 90% of billionaire Warren Buffett's immense wealth was accumulated after his 65th birthday, thanks to the backloaded nature of compounding.
Quiz
Which independent agency of the US government calculates the Consumer Price Index (CPI) to measure inflation?
Quiz
What economic term describes the rate at which the general level of prices for goods and services is rising?
Glossary
micro-investing (noun)
The practice of saving and investing very small amounts of money, often through automated digital platforms. In 2014, the digital platform Acorns pioneered this strategy by investing users' spare change into diversified portfolios.
The practice of saving and investing very small amounts of money, often through automated digital platforms. In 2014, the digital platform Acorns pioneered this strategy by investing users' spare change into diversified portfolios.
nic Dividend Reinvestment
We reinvest the payouts for more shares (get those shares, yeah) / That's how compounding builds up what is there (watch it grow, oh)
Quiz
How often do most dividend-paying public companies in the United States typically distribute dividend payments to their shareholders?