Let’s recap the previous posts: We started out by setting S.M.A.R.T. financial goals and then explored how the power of compound interest can be harnessed to achieve those goals. Then to help with quick calculations, we went over a mental math trick known as the rule of 72. I think the logical next […]
Entries from January 2008
Saving is Investing
January 27th, 2008 · 2 Comments
Tags: Saving
The Rule of 72
January 20th, 2008 · 3 Comments
In my last post, I wrote about the power of compound interest. This week, I wanted to go over the rule of 72 (also known as the rule of 70). Basically, it is a rule of thumb for calculating the length of time it will take an investment to double. Here’s how […]
Tags: Felix's Corollary · Rule of 72
The Most Powerful Force in the Universe
January 12th, 2008 · 4 Comments
Albert Einstein once said: “The most powerful force in the universe is compound interest.” It may not be the first thing to comes to mind for many, but I think Mr. Theory of Relativity knew a thing or two about forces and it’d be wise to trust him on this one. For those of you […]
Tags: Compound Interest
Goals
January 5th, 2008 · 4 Comments
Before I delve into meatier subjects, I want to go over goals, and more specifically financial goals. I think that on the journey to wealth, having goals will give you direction and allow you to focus your efforts efficiently. Once the objective is set, you will have a clear target that will always be sitting […]
Tags: Goals · S.M.A.R.T. Goals
Welcome
January 1st, 2008 · 4 Comments
Hello there, I hope everyone’s new year is going great thus far. I’ll start by introducing myself and my intentions for this blog. My name is Van and I’m currently working as a consultant out of the San Francisco Bay Area. I started this blog with the aim of turning it into a resource where […]
Tags: None