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Economics

Time Value of Money

Quick fact

If you had invested $1,000 in the S&P 500 in 1980 and let it compound, by 2023 it would have grown to over $50,000—proving that a dollar in the past is worth far more than a dollar today.

Why this is interesting

Would you rather have $100 today or $100 in a year? Most people choose today, but the real reason isn't impatience—it's that money can grow if you have it now.