The
accumulation of financial gains over a certain period of time. This is a very
good strategy to make a lot of money in relatively a short period
-
You invest some money, you
gain, you reinvest the gains …. Etc.
-
This is like the snow ball
effect
-
The best thing about
compounding is that it doesn’t have to be a lot at all
The only 2
factors in that are:
1-
How much of gain in 1 time
periods?
2-
How many time periods do you
have?
For example; if you improve by 1% a day, you will be twice as good in 70 days :)
No comments:
Post a Comment