What Wealthy People Know that most people don't! Somebody from Wall St. Spilled The Beans!
Do You Feel like You Are Not Realizing Your True Destiny In Wealth?How many times have you set financial goals only to fall short of their reach, in spite of your hard efforts?
How may savings accounts have you set up with 0 to 1% interest accrued which did very little for growth of your finances?
Well If you've fallen short of your wealth projections or your Savings account growth is stymied, then the fault may not be entirely yours. Simply put, you may not have all the variables to the wealth equation which play a substantial part in wealth development. The wealthy know the variables that can launch one into a rich life or keep one chained to the tree of mediocrity. One of the variables that plays a large part in financial transformation is called "compound interest" were your earnings are:
1) Passive
2) Money generates Money on the interest or "earnings" perpetually
3) Part of a long term activity that is stable
4) Provides significant returns on the input capital
Compounding interest has been called the "8th Wonder Of The World" by Albert Einstein. He said"
“Compound interest is the eighth wonder of the world. He who understands it, earns it ... he who doesn't ... pays it.” ~ Albert Einstein
What is Compound Interest? In the World Of Finance it the process of generating ongoing revenue on the interest of initial capital put forth in order participate in a profit sharing, retirement fund or 401K account.
Example:
What if you invested $100 today, left it invested for the next 75 years, and you were able to achieve an 18% annual compound return? How big an investment does your $100 become?
The answer is $24,612,206.
AMAZING! Who needs a job when they can compound interest like that? You can see how important compound interest is to wealth development. Wealth would be very hard to achieve without it and thus one can see why it's so hard for most people to become wealthy using the methods normally taught in society.
SOLUTION? Try a Revenue Share Program that has Longevity and is very stable. To Learn More Go To: http://www.apsense.com/page/wealth-building-strategies
1 people like it
Advertise on APSense
This advertising space is available.
Post Your Ad Here
Post Your Ad Here
Comments