Are you pregnant?
Here’s a way to secure your baby’s financial future.
Invest P10 a day.
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| Photo credit: https://pixabay.com |
Can you do that?
That’s only P3,650 each year for 18 annual contributions.
Invest this
amount in the stock market and make it grow at 12 percent a year.
What will happen?
By 18 years old, your kid will have P203,480.
“That’s nice, But nothing impressive.”
Wait. I’m not finished yet. Let that investment keep
multiplying year after year after year. By the time your
child reaches 65 years old, she’ll have P40 million.
Wild.
You could also do this:
Let Lolo or Lola give a onetime
gift of P27,000 to the baby in the first month of his
life.
Invest it in the stock market. And the results will be the
same:
P203,480 when he reaches 18 and P40 million when he
reaches 65.
Crazy but true.
That’s the magical power of compounding.
Happy investing!
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