Hard Money Bankers - Don't Underestimate Compound Interest
Compound interest is one of Warren Buffets favorite things in the world and if you like money, it should be one of yours as well. Compound interest is a fantastic way to grow wealth over time and create your financial snowball that builds over years. If you ever have a financial vehicle where you can take advantage of using compound interest, you should try to do so. If you invest $100.00 in year one and have a 10% return on that money you now have $110.00. Then in year 2 you invest that $110.00 at 10% and now in year 3 you have 121.00. Try doing that using $10,000 with a calculation over 25 years. You wind up with over $100,000. It is powerful to use this financial tool so take advantage of it if you have the method to do so.
Ian Walsh215.839.3271
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