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Offlineviktor
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Compound interest
    #18884685 - 09/24/13 12:13 PM (10 years, 4 months ago)

Is the most powerful force in the Universe

So one cent loaned out at 4% at the time of Jesus's crucifixion would now be worth a ball of gold the size of this planet.

So if you want to get rich, that's what you do.

I guess you'd have to pay for some Police to call in all the debt, but you could still do it.


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Offlineiateshaggy
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Re: Compound interest [Re: viktor]
    #18885894 - 09/24/13 05:18 PM (10 years, 4 months ago)

so what do you think happens when the whole stock market invested at 15% hits critical mass?


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InvisibleAhab McBathsalts
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Re: Compound interest [Re: iateshaggy]
    #18886344 - 09/24/13 07:23 PM (10 years, 4 months ago)

Quote:

iateshaggy said:
so what do you think happens when the whole stock market invested at 15% hits critical mass?




Not sure what you mean by this. Critical mass implies there is an finite ceiling, when infact countries continue to pump the money supply and keep printing money causing inflation of values but a deeping of rich-poor divide.

But simply there is a larger pie, and the rich keep getting bigger slices and the poor get less and less.

Get in now, and let those blue-chips ride. Even a few hundred dollars is a start.


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"Nobody exists on purpose. Nobody belongs anywhere. Everybody's going to die."


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OfflineSteellayes
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Re: Compound interest [Re: viktor]
    #18915739 - 10/01/13 11:33 AM (10 years, 4 months ago)

We can easily understand how to calculate compound interest calculator, there is a need to know, what is a compound interest. You are obliged to pay your dues depending on the bank's factor when you borrow money.


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