As anyone who has ever tried to start a business, or has encountered significant unanticipated expenses, or had to endure a gap in employment before starting a dream job can attest, savings are the lynchpin of financial independence.
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I’m going to share with you a little story that demonstrates the power of compounding, and the impact it could be having on you right now.
Saving money is itself not a very appealing or adventurous task, rather a difficult one.
What most of us have been taught about risk is wrong, and it’s probably holding you back from obtaining real wealth.
Created in 2009 by Satoshi Nakamoto, Bitcoin is a digital currency. It offers the benefit of lower transaction fees than other online payment processors.
Albert Einstein, the famous scientist once said that “the most powerful force in the universe is compound interest.”
They say that money follows money so it’s not surprising that a new area for investment has steadily been growing in popularity over the last few years.
The Taylor Rule was a widely followed approximation for interest rates at one point, and even some Fed officials were using this approximation.