Useful Knowledge
Compounding vs Procrastination
Great videos, using simple illustration to show us the power of compounding interest vs the cost of procrastination. “the most powerful force in the universe is compound interest” – Albert Einstein (the following video is a “silent” clip. Do pay attention to the wording shown at the bottom. It is informative)
Read Full Post | Make a Comment ( 1 so far )When will $$ double from an investment – Rule of 72
If you’re managing your own portfolio investment, it is vital that you know the Rule of 72. It is a simple but effective calculation for you to estimate when your money will be doubled. For eg, if you want to double your money within 5 years. Do you know what is the rate of return [...]
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