It all begins with a simple calculation.
You are home on a rainy Sunday afternoon, looking at the flashy calculator you found on sale last month for $12 at the local buy n' save. It was a good buy.
You find the percentage button, and try to decipher how it all works.
Before long you are calculating percentages like a pro.
An hour later, you stumbled across an idea everyone with a calculator on a rainy Sunday afternoon stumble across. That of calculating the money you have squirled away at the local bank branch in a fixed term savings account. You recall the rate was guaranteed 7% and even though you are only locked in for 12 months, you decide this money will become your retirement fund. All $3000 of it.
So you start crunching the numbers for ..oh, say 30 years.
In 30 years, you calculate that it will become $22,836.76 Wow! even if you do nothing. Not bad.
A show comes on the television that grabs your attention, and your calculator is absently passed onto the coffee table as you get comfortable, and get set to watch "The most dangerous animals on earth-a ten point count down".
You watch, but the calculator sits patiently within your line of sight. During one of the ad breaks, you get another idea.
What if you could find some other investment vehicle to grow your money? What if you could find somebody that offered more interest?
You don't know where you will find somebody willing to offer you this much interest but you try it anyway....30%
30% at 30 years.
Wow. $3000 turns into $7, 859,983! Wow! you hum to yourself. You begin to pay a lot of attention to your calculator, the TV show is up to number one, the most dangerous animal on the planet is........you don't care. You don't even hear the television.
Suddenly a wise voice enters your head. You know its wise, because it told you. It says hey, 30% is not a huge jump from 7%. Yes it is a lot different, but not proportional to the result. $22,000 odd dollars, compared to nearly 8 million is a big difference.
There's something to this.
You resolve to investigate this. You steady yourself for the figure that will come next, when you try 100% You start crunching.
...after picking yourself up off the floor, you decide to do some research on your favourite resource site Ezine, a search for compounding you find this article.
Surely it can't be that hard to maintain a level of compounding that's fairly interesting over a number of years? You reason.
And you know what? You are right. It's a science. Its simple math and the results are under your control if you want them to be.
Your actions determine your results, why wait 30 years for compounding to work for you?
You can manufacture exceptional results with a some solid research, and deploying that knowledge.
There's a lot more to Compounding than the math. But look, they say in life, you get what you put in, however, compounding is different. When compounding your own money, as we have seen, that theory is just inadequate to express the returns.
Its time you investigated compounding properly. Keep an eye out for my articles here, or visit our web site right now on the link below for a lot of free insights and open content pages.
(c) Martin Thomas 2005.
Martin is an investor who is also part of a team that maintain a website for ordinary people to find rapid resource pathways to wealth. http://www.opportunity-investor.com. With quality content heavily slanted towards good common sense, opportunity-investor.com is the exclusive place on the web to get the highly acclaimed work by Millionaire Investor Hayden Muller. "The Trade Secrets of an Ethical Opportunity Investor: A Step-by-Step Guide". Copyright 2005 revised edition. Hayden Muller.
limo prices to midway Crystal Lake west of Randal .. Lockport Chicago limo O’HareMoney is probably the most challenging thing for many people... Read More
What is "The Commodity of Kings""Power is simply "the ability... Read More
Before I had a lot of money, I was really... Read More
What does becoming rich mean to you? Is it early... Read More
Uncle Sam and his band of merry-men, better known as... Read More
Have you stopped to realize that although you go... Read More
When you purchased your home, you most likely got a... Read More
There is perhaps no more important decision than to take... Read More
Wealth Secret 1 - Decide Your Outcome Right Now.Unless you... Read More
Is the ghost of "Money Past" haunting you? Do you... Read More
Points to ponder as you consider what can be done... Read More
The word 'diversity' is a unique one. It can represent... Read More
Look at Forbes' top 10 United States wealthiest people. Notice... Read More
It's no secret that the market goes UP...the market, goes... Read More
Whenever we read about building wealth or even attend a... Read More
There is no questioning that the amount of unclaimed money... Read More
We will start the Financial Fitness System with the assumption... Read More
Wealth - an abundance of values. Each of us determines... Read More
Let me ask you a very simple question. Do you... Read More
Estimated Reading Time: 4 minutes -- Envision your life 10... Read More
In my last article on Creating Residual Income I mentioned... Read More
We all go to school for about twelve years, kindergarten... Read More
You may think you have to be an entrepreneur to... Read More
What is your attitude towards having wealth? Do you believe... Read More
This retirement account is so new and unique that you... Read More
taxi o'hare Auburn ..Let me ask you a very simple question. Do you... Read More
I have given many prosperity lectures over the years and,... Read More
When I look around at all of my friends, and... Read More
Money is probably the most challenging thing for many people... Read More
Bottom line. No exaggeration. No hype. If you want to... Read More
This is a true story from my own experience that... Read More
In most societies, we are raised to believe in the... Read More
I want to share an experience I had in common... Read More
Points to ponder as you consider what can be done... Read More
As you know, we're now well and truly in theInformation... Read More
SCENE 1: Pharaoh has just woken up from a very... Read More
Financial planning is an ongoing process individuals and businesses should... Read More
Every day you work is one day closer to your... Read More
When you purchased your home, you most likely got a... Read More
What if I were to tell you that almost everything... Read More
1. Pay off high-cost debt. The best investment most borrowers... Read More
Loose change that is, if you want a easy way... Read More
It all begins with a simple calculation.You are home on... Read More
"Ooooooh," you may say, "I could NEVER be good at... Read More
Most people know it's important to keep and organize all... Read More
"It's the business of your life?and you're the CEO!" Gala... Read More
There could not be a better time to mull over... Read More
At any time in history, no matter what the current... Read More
Yesterday we learned that 74% of all wealth is created... Read More
Building wealth is as simple as saving a little bit... Read More
Wealth Building |