Compounding interest is the most POWERFUL force in
the world. If you consistently beat the average market you will make a fortune.
Compound interest is the ability to make returns on returns. Investing doesn’t
need to be home runs but instead the little gains made along the way.
Example 1:
One hundred dollar makes a ten percent return for
three years
Year 1: $100 * .10 = $110.00
Year 2: $110 * .10 = $121.00
Year 3: $121 * .10 = $133.10
Example 2:
Go for rich,
Ronald
for more content check out the website: ronaldlu.org
ReplyDelete