The Most Powerful Force in the Universe: Compound Interest – Episode #7

Now that we’ve covered Inflation and Time it is important to bring Compound Interest into the mix, the most powerful force in the universe according to Albert Einstein.

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  • It's funny I remember that story, I believe, from elementary school, such a great story and lesson. Your mother was smart to teach it to you at such a young age. Hopefully you've adhered to the lesson and have been saving and compounding ever since!

  • Great episode. Keep it up.

  • That was a great episode Ethan.. Thanks!

  • Good work. Keep it up.

  • briceachang

    I'd love to hear from anyone who has other great tools out there to make things simple! I'm not sure what I'll do with all that "time" but then again -- I'm a computer science teacher/ web master/ tech support guru-- there is no such thing as time -- maybe I'll get around to inventing thrift savings plan a way to make a Pentium II go faster-- hmmmm.

  • Successful1

    Invest in physical gold and silver. Paper money vs. commodities, money is just paper. Forget the numbers printed on it, a one hundred dollar bill and a 5 dollar bill are printed on the same material...paper! Gold, silver, platinum, palladium, copper, aluminum...etc all have industrial, medical and commercial uses. Silver's price is going to skyrocket in the next few years. The introduction of nano silver technology in washing machines, plastic water bottle & containers is one of the applications that is being used and will be used in the near future. They use a silver compound for burn patients in hospitals because silver kills bacteria. Do yourself a favor and look at gold/silver stock charts in the past 100 yrs and see its steady incline and demand. Its a sure winner and preserver of wealth.

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