The quote, "Compound interest is the eighth wonder of the world. He who understands it, earns it. He who doesn't, pays it," is often attributed to Albert Einstein. He was a pretty smart guy, so it's fair to assume that there's some wisdom in that assertion. Regardless of...
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?
I’ve been told that Albert Einstein stated that compound interest was the 8th wonder of the world. My 6th-grade teacher, Mr. Rast, helped demonstrate that to me more than a few years ago. He asked me if I would prefer $100,000 or one penny doubled every day for a month. Well, ...
“Compound interest is the 8th wonder of the world. He who understands it earns it. He who doesn’t pays it.” —Attributed to Albert Einstein The quote above has often been attributed to Albert Einstein although there is some controversy regarding whether he ever actually made this statement....
3. Compound Interest – The 8th Wonder of the World:Well, that is what Albert Einstein reportedly said about compound interest, a concept you may have studied in high school, and the application of which will work wonders in your life going forward. ...
8th Wonder of the World: Compound Interest Compound Interest is the eighth wonder of the world. He who understands it … earns it. He who doesn’t … pays it. Albert Einstein Compound interest may be compound, but it’s not complex! First, let’sRead more… ...
Compound interest. The 8th wonder of the world. Do you know the power of compound interest in its entirety? It’s the greatest thing in the world…when it’s working for you. When it’s working against you, it can be one of the most devastating things in the world. A catastrophe, ...
“Compound Interest is the 8th Wonder of the World. He who understands it, earns it. He who doesn’t, pays it.” Dividends Pay The Bills So what happens when all your expenses are fully covered by dividends? Well… Live unlocks itself. Completely. You become the master of your time. ...
Albert Einstein once said "Compound interest is the 8th wonder of the world". In this app you can calculate either of compound interest, initial value, final va…
Also, when you reinvest you dividends, you begin earning even dividends on each dividend you reinvest. And, you earn more stock shares which also means you can earn more profit from asset appreciation.Now you can see why Albert Einstein labeled compound interest the 8th wonder of the world....