Chapter 3 Study Guide | Print out this page or write down questions below and fill them in as you read through Chapter 3
Fill in the blank using your own words or quote directly from the book.
What is the 8th wonder of the world?
What are the 3 points mentioned to understand compound interest better?
What are the 5 points mentioned on how compound interest can impact your savings over time?
What is the Rule of 72?
True or False? The formula for the Rule of 72 is: Time (to double your capital) = 72/ annual interest rate
What are the 5 points mentioned as advantages of the Rule of 72?
What are the 3 points mentioned on the benefits of starting to save and invest early?
What is wealth enhancement?
True or False: All stocks carry the same level of risk?
True or False: A diversified portfolio helps buffer the highs and lows of investing?
What are the 3 points mentioned on embarking on saving and investing early in life?
Who is Jeremy Schneider?
What are Jeremy Schneider’s 6 key points of benefits from investing early in life?
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