No lesser mind than the brilliant Albert Einstein thought this feature of money was the “8th Wonder of the World”.
Loosely translated, what he said was…
“Those who don’t understand [it], pay… while those who DO understand [it], earn.
He was talking about compounding – the magic bullet when it comes to investing.
Now, I don’t know if Einstein actually said compound interest was the 8th Wonder of the World. There are questions about that. But you know, it doesn’t matter.
Because the point still applies. If you figure out how to earn a compounding rate of return on your money… you win.
Over time, you not only collect a return on your original investment…
You also collect a return on the money you’ve already earned. That’s how a small stake in the right asset can go like this:
The rules of money are changing dramatically.
If you don’t understand what’s happening, you’ll end up paying a greater and greater amount of your income and savings – just to stay in the same place financially.
Don’t do that.
Join our Finance for Freedom Mastermind right here... and be that orange line in the image above.
-Joe Withrow