Eight? You thought there were seven! (1. Great Pyramid of Giza, 2. Colossus of Rhodes, 3. Hanging Gardens of Babylon, 4. Lighthouse of Alexandria, 5. Mausoleum at Halicarnassus, 6. Statue of Zeus at Olympia, 7. Temple of Artemis )
Well, no less a person than Albert Einstein added the eighth, namely, compound interest. Here is a real-world example of how that works.
One of our members left Canada in 1988. At that time, he had $148,611 invested in a tax-advantaged account.
An ultra-high net worth investor with an MA in economics and an MBA, he was able to grow it at a compound annual growth rate of 8.79%.
Recently, the account had a value of $1,000,560.00!
Investors today do not need an MA in economics and an MBA to get that kind of results. Our seasoned members could teach a high school student how to do it.You need to login to view the rest of the content. Please Login. Not a Member? You can now sign up for a one-month free trial membership. Join Us