Maybe sounds complex, but it's actually quite simple.
Allow me to elaborate.
As you may already be aware of from my previous posts about Control Finance, your initial deposit is locked in. It cannot be withdrawn. You can only withdraw your 1% daily dividents (minimum 1% depending on tier you're at)..
So my test here was... if I leave a small amount behind (rather than withdrawing the maximum)..
Will my withdrawal limit increase?
More specifically..
take a look..
See how these withdrawals are constantly $153.94....
My inquiry is... maybe if I just withdraw $150 instead of the maximum...
then my question was... will that remainder $3.94 I leave behind....grow and allow bigger withdrawals...
So I started the test...
Then as expected... the $3.94 acted as "Divident Reinvestment"
and allowed me to be able to withdraw the following:
Will I withdraw the max?
Of course not.
That minute remainder that I left behind... over time will have a compounding interest effect.
So today it grew to $158.82...
but next it will be 1.25% based on the new (higher) balance.
Not too complex.
If you'd like to get started with Control Finance
You can begin this process with as little as $10:
https://control-finance.com/?ref=mattspano11
Hope you enjoyed this bit on Divident Reinvestment.