Archive for the ‘Investing’ Category

The Simple “Rule of 72”

Posted by Allen White On November - 23 - 2010 Comments Off on The Simple “Rule of 72”

The Rule of 72 is a brilliant maths trick I learned a while ago that I have since used countless of times. It allows you to calculate simply how long it will take for something to double in value, which naturally is always a good thing to happen when it comes to money! So the  [ Read More ]

Categories: Investing, Money, Saving Money

Why it’s Great to Be Young While Investing

Posted by Allen White On November - 23 - 2010 1 Comment

The best way to become wealthy is to start young because your money has more time to compound. $10,000 deposited into your baby’s trust fund, earning 10% per year, would grow to $18,621,820 by the time your son or daughter was Warren Buffett’s age. – Now I am almost certain non of you readers  [ Read More ]

Categories: Investing, Money

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