Monday, May 28, 2007
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The purpose of this blog is to educate all regarding the magic of compounding returns. It will also be used to expose some of the pitfalls of investing.....noise, short-term mindsets and following the crowd to name but a few. Compounding is truly the "8th wonder of the world" and hopefully the information here will help all to take advantage. The basic compound interest formula is: FV = P(1 + r)^n where FV = Future Value, P = Principal Invested, r = rate of growth, n = number of periods.
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