You know about compounding right? You understand what pyramiding your result on a weekly basis can do for your seed capital over a short time. You understand that taking just $100 and compounding it at just 8% per week, you can expect to achieve $4371.00 in just 12 months. Taken further, if that was $1000 instead of $100 your end result would be $43,710 and of course if that $1000 was $10,000 you would make nearly half a million in 12 quick months.
Lets say we do start with just $100, first a grand total of $4371 is not very stimulating to work towards for 12 months of waiting.
Second, where are you going to find somebody to give you 8% per week? Mutual Funds would offer you 8% per year (if you are lucky) Banks or government bonds issues offer half that! Co-ops? Las Vegas?
There are no financial institutions who offer more then the overnight cash rate minus a point or two. Currently about 7-10% per annum
We wont be talking to any professionals in the paper products financial world. What enourmous wealth there is there, it stays in the family. Its your funds that are used to oil this machine, and they return you simply a pittence. But, the flip side, is you dont have to lift a finger to earn that pittence. I dont know about you, but I got tired of watching paint dry. I was looking for more practical hands on solutions.
Back to our example, if in the first 12 months, you were able to compound your $100 at a rate of 8% (which is easy, I'll show you how) the following year, just another quick 12 months your end result would be over $180,000, and the year after that, just 36 months after you started you would have a tidy $800,000 very close to One Million Dollars. Just by multiplying your result by 8%
The magic of compounding was never lost on me. As a schoolboy, I calcualted all sorts of leveraged figures on my calculator.
The secret is to make compounding work for you in a concrete way in the real world, and thats what we talk about in 7 days, when "part 2" of this article is released.
If you'd like to know more immediately, discover the link below. I have alot in store for you.
Martin Thomas is a professional investor and CEO of Opportunity-Investor.com A website for individuals seeking the narrow path to rapid wealth. The website outlines a new and effective way to produce astounding results for ordinary people. http://www.opportunity-investor.com focuses on the main literary work by millionaire investor Hayden Muller.
shuttle to Midway Beardstown .. Lockport Chicago limo O’HareHere are some thoughts about the morphing of thought and... Read More
Well, the New Year is around the corner and so... Read More
In his best selling book, "Rich Dad, Poor Dad, Robert... Read More
SCENE 1: Pharaoh has just woken up from a very... Read More
Early in my legal career I represented two young women... Read More
Let me ask you a very simple question. Do you... Read More
Turn to the year 1999, a couple of friends sitting... Read More
Money can be your servant or it can be your... Read More
The business of banking has changed dramatically over the last... Read More
Have you stopped to realize that although you go... Read More
The idle are a peculiar kind of dead that cannot... Read More
Many of us do not consider the underlying belief system... Read More
Are you setting the right money goals?Most people believe having... Read More
According to Wallace Wattles, in his popular wealth treatise called... Read More
One of the things most of us have old ideas... Read More
Everyone wants to be wealthy. Only a few actually achieve... Read More
Have you ever asked yourself what your highest income producing... Read More
"Any fool can rich, the wise get wealthy." Chris WidenerGetting... Read More
When young men ask me how to succeed, I tell... Read More
"The quickest way to wealthThat I've found to be true;Is... Read More
There once was a hawk, ferocious and swift. He was... Read More
A residual income is one that comes in no matter... Read More
Living on credit is fashionable. Indulging oneself is fashionable. Saving... Read More
"My people are destroyed for lack of knowledge." Hosea 4:6... Read More
1. Save up to 50% per month on convenience cleaner... Read More
Green Bay Hummer H2 SUV rentals ..It is sometimes pitful how many projects are never born... Read More
Most people know it's important to keep and organize all... Read More
Compounding: The Ninth Wonder of the WorldBy Nicola Cairncross Compounding... Read More
Is it hard to get rich? If you're young, not... Read More
This is a true story from my own experience that... Read More
They are the object of thinly disguised envy. They are... Read More
Wealth Secret 1 - Decide Your Outcome Right Now.Unless you... Read More
The fact is that most people continue to work for... Read More
As you know, we're now well and truly in theInformation... Read More
As a work at home Mother, I know the value... Read More
The word 'diversity' is a unique one. It can represent... Read More
So you want to become wealthy? While there is no... Read More
Whenever we read about building wealth or even attend a... Read More
I am often amused by the ads and offers I... Read More
In my last article on Creating Residual Income I mentioned... Read More
Would you like to profit from your own information empire?... Read More
At any time in history, no matter what the current... Read More
There is no questioning that the amount of unclaimed money... Read More
There are many forms of investing online. While I can... Read More
U.S. Supreme Justice Louis D. Brandeis"I live in Alexandria Virginia.... Read More
What is "The Commodity of Kings""Power is simply "the ability... Read More
No one has complete control over their thoughts. But with... Read More
Top Investment PerformanceThroughout history, many coin collections have produced substantial... Read More
"Money Doesn't Grow On Trees."Some of us even believe it.... Read More
I have a good friend who works in an area... Read More
Wealth Building |