Much of the financial world speaks in terms of average rates of return. The problem is, that average returns do not determine how much of your money you get to keep at the end of the journey. In the real world, it is the actual rate of rate (CAGR) that determines what you end up with. When you … (Read more)
Albert Einstein said that compound interest is the 8th wonder of the world. It works bestuninterrupted and over time. When money is put aside and left untouched to collect interest year after year, the result is nearly miraculous. The reason compounding interest doesn’t work for so many Americans is they fail to save any substantial … (Read more)
Possibly you recently paid cash for your kitchen remodel or that new bed room furniture set you had been eyeing for some time. Did you make a choice to pay cash for your new car or maybe it was a new washer and dryer set? When it comes to Self-employed business owners, there’s no doubt … (Read more)