posted by mark
on Sat, 07/21/2018 - 11:09
Article Link:
This article is a bird's eye view into interest rates and their potential positive and negative effects on your wealth. I have learned much over the years from Jonathan Clement's articles. You should too!
It is a quick read and well worth your time.
If you don't understand interest and compounding, one thing is for sure- you'll be broke or poor. Don't let this be you!
Compounding interest is referred to as exponential growth in mathematics. If you don't understand anything else in finance, compounding is critical to understand.
"Interesting.....very interesting!" Sargent Schultz also was known to say "I know nothing!" You can know nothing or a lot. It is your choice.
