THE MAGIC OF COMPOUND INTEREST
You’ve got to familiarize yourself with the concept of compound interest.
Albert Einstein said that compound interest was
“the 8
th
wonder of the world”!
Can you save $6.50 a day?
$6.50/day at 16% annual return = $1,000,000 in 25 years.
$5,000 invested at 5% interest a month grows to $1 million… in only 9 years!
Cut down on a few things, put money aside every week, and invest it!
Your money can grow exponentially!
This is just a simple way of building wealth, creating a nest egg. This is not about
active investment, or creating additional streams of income. It’s an example of how
people can become wealthy by following through on a simple plan and being
disciplined.
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