Some people are rich long before they have money
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You’ve probably heard about rising fears about inflations in the US and pretty much all the countries in the world. Current inflation in USA is about 4%. How bad can it get? Meet Zimbabwe This Southern African country currently boasts inflation over 100,000%. What does this mean? With inflation at 4% it takes 18 years [...]
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The rule of 72 is an easy and necessary rule for investors and ordinary people alike who wish to know how long will it take for their investment to double. In order to get to know how long will it take for your investment to double you need to take the interest rate of your [...]
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Below is a great video of Jim Rogers who is widely know as one of the most successful investors in the world. Among other things he was the guy who helped George Soros start the Quantum Fund which grew 3365% (yes, three thousand) during the first ten years. That’s 42.6% per year for 10 years [...]
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