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The Miracle of Compounding : Turn \$9 a day into \$2,000,000
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### Overview

The Miracle of Compounding: Contribute \$9 a day, \$250 a month over time. Accumulate \$55,000, \$200,000, \$2,000,000 with NO taxes EVER. Use the "most powerful force in the universe." How can compounding turn \$9 a day into \$2,000,000? Einstein is said to have called compounding "the most powerful force in the universe." Compounding is money earning money on itself when it is invested. Give your bank \$3,000 and it uses the money to make a profit. It shares the profit with you. After a year, your account has \$3,030 assuming 1% interest. But at that rate, it would take you over 200 years to reach \$2,000,000. However, when you invest \$3,000 a year in a successful business, you could earn 10 to12% a year. After 10 years, you would have \$55,000 because the business paid dividends and other people offered you more than you paid for your share of the business. After 20 years, you could sell it for \$200,000 and after 40 years, perhaps \$2,000,000. Compounding works best when you put your money to work in a successful business paying you dividends and stock splits. This kind of investment return is possible but not guaranteed. But wouldn't you rather have \$2 million, more or less, than \$150,000 in the bank?

This item is Non-Returnable

• ISBN-13: 9781470176518
• ISBN-10: 1470176513
• Publisher: Createspace Independent Publishing Platform
• Publish Date: March 2012
• Dimensions: 9.02 x 5.98 x 0.14 inches
• Shipping Weight: 0.23 pounds
• Page Count: 68