In this week’s episode of the Plutonomix Podcast, Barnaby Levin and Laurie Kamhi talk about the Power of Compounding and how to maximize your savings with very little effort. "Compounding" can either refer to earning interest on your interest (by reinvesting what you earn at the same or higher rate) or by "letting your Winners Run." Either way, they show how it can have a "Snowball Effect," where small actions -- taken consistently -- can lead to big results, creating financial resilience through disciplined and deliberate planning.
TIMESTAMPS
01:15 Asset Allocation and Investment Strategy
01:33 The Eighth Wonder of the World
02:11 The Rule of 72
05:12 The Pareto Principle
09:59 Perks in the Tax Code
RESOURCES
