In the beginning, most of us have trouble saving money. It requires judgements about the use of money and about time. In particular, the present versus the future. How we assess the value of a future benefit is crucial to this judgement. If we… Continue Reading “Capital Accumulation Is Difficult”
It takes some effort to catch the meaning behind exponential growth.
Financial planning needs a guide. At least in the beginning.
You cannot hit targets you cannot see.
No one is intuitive with compound interest. Learn some helpers.
The first dollars you save count for more.
Learn about the last double.
Averages, with no thought, are dangerous
Sometimes you must work out the numbers so that you can make better decisions.
Your future financial wealth depends on three things. Only two of them matter. The three things are: Money Invested (Capital) Duration of Investment Net Yield Capital matters least and that is a good thing because many have little of it. They can get it… Continue Reading “You Should Not Expect A High Yield For Long”