Tag Archives: compound interest

Let the Grass Grow: Seeding and Nurturing Wealth

Unless you strike it rich overnight, accumulating wealth is like watching grass grow. I don’t mean that in the sense that it is boring, which to some people it may be, the analogy is that building wealth is a process that materializes after stages of seemingly insignificant behaviors. Little by little, your consistent small contributions

Get Off Cheap Making Your Kids Rich

Once teenagers are gainfully employed they can begin contributing to an IRA and easily become a millionaire.

The Power of Compound Interest

Compound interest is a concept that anyone who wants to understand investing and accumulating wealth must grasp. It is so important that Albert Einstein reportedly referred to compound interest as the eighth wonder of the world and the most powerful force in the universe. What Makes Compound Interest so Important? In simplest terms, compound interest

Leave Stock Trading to the Professionals

You know that billionaire investor Warren Buffett doesn’t trade stocks, right? That’s because trading stocks is a risky gamble that can deteriorate your net worth, and you don’t want to gamble with wealth. Becoming wealthy is a decision we consciously make that requires lifetime planning and discipline. Stock trading does not fit into the world