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Showing posts with label Albert Einstein. Show all posts
Showing posts with label Albert Einstein. Show all posts

Thursday, September 8, 2016

Compounding interest as the Eight Wonder of the World by Albert Einstein

Ad Majorem.....Wealth Builders

Albert Einstein

Rizal Philippines
September 8, 2016

According to Albert Einstein, "Compound interest is the eight wonder of the world.  He who understands it gets it;  those who do not pay it."

From Goodreads

“Compound interest is the eighth wonder of the world. He who understands it, earns it ... he who doesn't ... pays it.”


― Albert Einstein

Saturday, May 4, 2013

How to be rich - he power of compound interest.

Ad Majorem.....Wealth Builders

Angono, Rizal PHL

According to Albert Einstein, compound interest is the 8th wonder of the world.  "Thosewho understand earns it;  those who dont pays it."  He also discovered the rule of 72.  (To find ROI, divide the 72 by the number of years to double the money;  to find the number of years to compound, divide 72 by the interest rate)

Other articles:   

Compound interest video

Invest About - Investment for beginners

Beginners guide list on How to Get Rich books

How to be a millionaire - move to a low cost of living location

Spend less than you earn