How to Compound Ksh 5000 to Ksh 1,000,000/= Stress FREE!🤑 Power of compounding.
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- čas přidán 3. 03. 2024
- Compound interest is an 8th wonder of the world. Those who know it use and those who don't pay for it, those are great words of Albert Einstein. On this video am gonna show you how to compound a monthly savings of kah 5000 all the way to a kah 1,000,000 in a period of 10 years.
Contact: 0114456187
email: mugonderitu@gmail.com
Always praying to have a partner who believes in creating wealth and having a strategy aki..its possible for money to work for us
All things are possible to them that believes..
My too a business mind individual,wth mentally of seeing what others not seeing in business world.
May God give you desires of your heart
Pls Joseph give us places of names where one can get the compound interest. Examples
God will come through for you 🙏
😂😂😂, still following you daily. If I fail again financially, then am the greatest fool!! I wish I knew you before!!
This is quite insightful Joseph have really gained a lot
Knowledge is power
The power of compounding
Am 20yrs old now, This is a real eye openner
Use this information ASAP.
Do it
I love this man. Imagine the knowledge he is giving us?
Wish I met you earlier 💕💕💕...I started mmf January n my target is 5000 per month being in a small business I feel like a super star ...
Which company please share
@@Nelsonb865 coop unit trust
Kuza &Etica they are quite good.
Which mmf company are you using
what is that....mmf
Since I started this idea am seeing fruits. The interest alone encourages you to save even more.
Which money market fund are you using
how do you do it...
"whether you invest or not, 10years will lapse"
😂 This got me.
😀
😂😂😂it's a sad fact
Yes it'll lapse so it better to invest and have something to show for it
Wow very educative
Thankyou so much.Great knowledge
Very impressive and knowledgable
I have been saving 10k monthly and the progress is going hire. I like your advice on financial management
Thanks good Joseph. Always an eye opener. Going for this
Informative
Very educative thanks
Thank you mentor may the universe always pour to your plate
Thanks for the update
Asante sana mr good Joseph
Very inspiring love it
thanks for sharing
Very informative.. Kudos 👍🏽
Good stuff
Am actually glad I came across this channel. Good Joseph you are amazing
Good Joseph ,thanks so much .This is a lesson to put in action .
Very educative indeed
Eye opener,,, thanks 🙏
I like your teachings
Very inspiring
Good Joseph keep the fire burning
Thanks alot namesake, this is the kind of knowledge I really needed. I have gained alot since I slid into your inbox.
Very clear and achievable
This is awesome
Impressive
Thanks i have learn something
People should be their own bank. Invest uourself rather than bank to do it and pay you retirns.
I learnt this trick 2 years ago. You can make 25-100% interest depending on what you trade on ( food, sheep, etc)
I have learnt alot from you. Just opened a mmf:)
Just what i needed..thanks Joseph
Awesome
Making sense kabisa
Amazing great ideas to secure our future,Thanks GJ
I was doubting this formula until you talked of how old will be my kid😂😂😂😂😂,for sure you're genius 🤣
😄😄
Very impressed
This is insightful. Thank you Bro.
That's so amazing
i got the points,,thanks for sharing
Amazing way to invest!! Sounds outrageous!
It's an amazing presentation.
Am getting you loud and clear from Uganda...
Kudos Joseph..
Thank you very much for watching bro
Knowledge is power. What an eye opener
It's amazingly
Good
I will use the method to educatte my children, because they're still young
I love that.
Bro thanks so so much am Ugandan am always following your teaching and this one has directly hit at the right sport. God bless you a lot brother thanks more brother
Albert Einstein the father of science 😊
JOSEPH,i dont know how to thank you,since last yeah nimekuwa nikikufollow,and somewer batter since
nianze kusave
Wow! Thank you so much 🙏
This man is God send
Eye opener
Im a South African,does this mean he should shift to rands,a person in Botswana demands,pula etc.Its so easy after listening to put the shilling into you're currency.The beauty is that you now understand Kenyans currency and respect for the teacher.
So articulate and meticulous... compounding best explained thank you Joseph.
Good dissemination of valuable information. You did not, however, factor in inflation. But it is still better than keeping the money in the bank.
Thanks. Good Joseph am gain something here
Why did I find your channel so late, but its never late, thankyou
Much love from Lagos Nigeria
Wow
Will start
Love how you've simplified the information. How can one convert it to a monthly income after retirement?
how i wish i had this information years ago..instead taking education policy that has so many restrictions
Credible
What are the best money market institutions?
From today i will start saving ...this MMF i dont know but i must join
For sure I was thinking of this way of compounding money kumbe I was right all the way.thanks a lot for your affirmation
Good information, however use the United States Dollar (international currency) in your illustrations since some of us are not Kenyans.
Get the concept. The concept remains the same irrespective of the currency
@@goodjoseph220Since I can't tag him I will just tag you and comment @Cebi if you are in the US look up your bank Money Market Savings the more you put in your account the higher the interest is we have Secu (has very good rates)in Maryland and Navy Federal we make at least $1500 per year
$ is the same but different compounding interest
I get you, it's like explaining to the Chinese or a Britain to calculate his currency in KSH.
May God bless you Mr am your new subscriber and am enjoying watching and benefited at the same time
Amen. Thank you for being here.
Woke up this morning met you i see i can make it out of the Little am just 20
Do it practically and document it, but we appreciate the explanation
Very helpful
That you Joseph.. Me and bank's not again. .
I wonna learn more about compound interest.
Well explained, only one error. If you start at 5000/- every month in January, there's no way the 5000/- that you deposit in Nov, Dec or any other month will earn the 12.5% at the beginning of this second year. Every input must do its own 12 months. So, it is a graduated, or stepwise cumulation over time: Jan to Jan, Feb to Feb etc.
Shukran, I'll continue being patient koz i want a long term investment..
Thanks brother
Think its all looks rosy with all with the figures but there are 2 factors:
1. You have not factored the currency depreciation. In 10 years the 1mil will be worth 500k.
2. You are always saving 5k every month not like its just multiplying by itself. in those 10 years you might probably have gained 150k in total.
Hi joseph, i have bn watching u in most ur videos. My quiz is can one save more n which MMF is good to invest in?? Kindly explain.
Possible that 🤔 ❤
Which institutions are good for compound interest
can you please suggest a money market fund? and where to find them
Thanks for information Joseph, which bank can we invest this.
God sent good Joseph 🙏🙏🙏🙏
Which MMF do you recommend sir?
Wish I met you earlier,,,,
Good Joseph 😀 awesome share! I have leveraged crypto profits for my money market fund 😊
which is the best mmf company to open
Which mmf do you propose on this case sir
A good way to invest for retirement
I also invested in money market but I didn't compound it I left to grow but sai I've calculated it will beat insurance saving plan
truly we a in environment full of hidden gems if we only get such Good people as Good Joseph to help us tap into this opportunities,,God bless you Joseph
Which institutions provide compounding interest. I thought of this back in 2015 and failed to find a bank offering that option.
so does that mean if i invest double i can cut the time needed by half?
❤