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Showing posts with the label how to become rich

How to get rich quick realistically - Lessons everyday

Today i am going to tell you how to really get rich quick . These information's are highly researched

WHAT EVERY MILLINIORE KNOWS BUT YOU DONT - THE POWER OF COMPOUNDING

In this article I will tell you the secret of highly successful peoples I will tell you the power of compound effect and how to use it . WHAT IS COMPOUNDING D O YOU KNOW WHAT  COMPOUNDING  IS ?  IF YOU DONT KNOW IT LET ME EXPLAIN -- SUPPOSE YOU HAVE GIVEN SOMEONE 100$ LOAN WITH 8% SIMPLE INTEREST THEN IN FIRST YEAR YOU WILL GET 8$ AND THIS AMOUNT YOU GET FROM INTEREST WILL NOT INCREASE BY TIME , IT WORKS IN UNIFORM MOTION , IF WE DRAW A GRAPH OF SIMPLE INTEREST WE WILL SEE A STRAIGHT LINE . NOW SUPPOSE YOU HAVE SAME SCENARIO BUT THIS TIME THE MONEY WILL BE IN COMPOUND INTEREST SO FIRST YEAR YOU WILL GET THE SAME 8 $ BUT IN SECOND YOU WILL GET 8.64$ IN THIRD YOU WILL GET 9.33$ BECAUSE THE MONEY YOU GOT FROM EVERY YEAR WILL ADD UP TO THE TOTAL AMOUNT AND THIS IN SECOND YEAR THE AMOUNT WILL BECOME 8% OF  108$ THAT IS 8.64 AND SO ON . IF WE DRAW A GRAPH WE WILL SEE THAT IN STARTING THIS WILL INCREASE IN SLOW RATE BUT AFTER SOMETIME THE GRAPH STARTS TO TAKE A CURVE , SHOW...