Compound Interest
One of the fundamental money concepts is Interest. With compound interest, you earn interest on the the interest that money earns. Your money can work for you when “your money earns money”.
Inflation
One thing to consider when investing or accumulating assets is to think about inflation. If your rate of return is lower than inflation, you may not really be “growing” your money.
Tax
Most people have heard it said that nothing is certain except for death and taxes. However, most people probably don’t realize how literal this statement is.
Market Risk
Market Risk refers to the possibility that the value of your investment will go down because of changes in the broader economy that you cannot control.