Wednesday, June 17, 2015

Compound Interest

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

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