Albert Einstein, a well-known smart person, said“Compound interest is the eighth wonder of the world. He who understands it earns it… he who doesn’t… pays it.”Or maybe it was Lincoln who said that. Or maybe Wayne Gretzky. Michael Scott?
Albert Einstein famously said that compound interest is the most powerful force in the universe. He said, "Compound interest is the 8th wonder of the world. He who understands it, earns it; he who doesn’t, pays it." Compound interest (or compounding interest) is interest calculated on the...
There is a classic Albert Einstein quote: “Compound interest is the eighth wonder of the world. He who understands it earns it … he who doesn’t … pays it.” To a large extent, Einstein is correct: Compounding interest is an amazing principle. The idea behind it is one that can enc...
Albert Einstein rightly said, “Compound interest is the 8th wonder of the world. He who understands it earns it and he who doesn’t pays it.” Compounding is a very powerful concept. This is because the interest of your invested money is also earning interest. The value of the investment...
Money today is worth more than tomorrow’s because of inflation (on the side that’s unfortunate for you) and compound interest (the side you can make work for you).Inflation increases prices over time, which means that each dollar you own today will buy more in the present time than it...
Well, welcome toCompound Magic. Compounding has been described as the 8th wonder of the world. Banks have used it for centuries to make squillions "charging you interest." Look at the pic below. You can start with small amounts and grow the bank. ...
Well, welcome toCompound Magic. Compounding has been described as the 8th wonder of the world. Banks have used it for centuries to make squillions "charging you interest." Now with this unique software you too can skyrocket your profits. ...
The main idea behind A Compounding Life is that the concept ofCompound Interest, named by Albert Einstein as the “8th Wonder of the World”, can by applied to all areas of your life. By pursuing mastery over the three main areas of your life, you are able to create a perpetual growth...