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The most potent combination for wealth creation…

Do you know what the most potent combination for wealth creation is?
 

Do you know what the most potent combination for wealth creation is?

Time mixed with the power of compounding.

However, there's a problem with compound interest. The relationship between compound interest and time is not linear it's exponential.

Our human brain isn't good at visualizing exponential things, which may explain why it's so difficult to fully appreciate a plan that fully leverages the power of compounding.

So today, let's try fix that.

Enjoy this quick two minute read that will help you visualize and understand compound interest.

READ NOW:  The Most Potent Combination For Wealth Creation

Other exciting news happening in finance this week...

Bloomberg published a few articles this week using the latest data from the U.S. Bureau of Labor Statistics. One article showed the highest paying professions and another showed professions with the happiest workers.

With the exception of Pediatricians, the professions on each list are very different.

We all need to understand our money, which is more than knowing where to save for retirement and utilizing strategies to minimize taxes. Understanding your money also means knowing how to effectively use it as a tool to increase your happiness.


To making money simple,
Peter

PS. Do you need help with any of the following?

  • Making sure you are saving enough
  • Preparing for a market down turn
  • Figuring out how to plan for your kids education or aging parents
  • Developing an estate plan
  • Or other finance related goals

If you're ready to get help from a professional and make sure you're building your wealth the smart way, here are two ways we can work together.

Let's get your finances in order so you can stress less and know you have a plan in place.
 
 
 
 

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