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Articles from Jamie Alexander | Selfgrowth.com
- How the Rich get Richer - the Secret of Compound Interest - by Submitted on Apr 10, 2011 from Jamie AlexanderIf you have ever wondered why the rich always get richer the reasons may surprise you. It often comes down to two things. 1) They spend less than they earn 2) They earn interest on top of interest (compound interest) The first reason is quite obvious. If they spend less than they earn ...
Views: 1503 - How to benefit from compound interest - by Submitted on Feb 08, 2011 from Jamie AlexanderEinstein is frequently misquoted as saying "The most powerful force in the universe is compound interest". Einstein may not have actually said this but he was well aware of the benefits. When it comes to successful long-term investing, compound interest is possibly the most important concept ...
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