Compound interest is a challenging concept to grasp, as it involves exponential growth that is difficult to visualize.
For example, if a penny doubles every day for 30 days, it would amount to over $5.3 million!
This is why many people hesitate to invest in the stock market, assuming it's risky and unpredictable in the short term.
However, it's essential to understand that the market generally rises in the long term, making it a wise investment choice.
