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Wednesday, February 10th, 2010

Is it too good to be true?

July 10, 2008 by ShannonCherry  
Filed under Business

Is it too good to be true?

These days you can never be too trusting, especially when it comes to making business deals. There are people out there who feed off of the innocence and naivety of those who don’t know better.
I just read about Patricia Gates, who recently was duped.

“The Grant People” called her one-day, saying her small business could make lots of money by investing just a little. To any small business owner this would seem intriguing, especially when they had paperwork to back up the claims. Long story short, Gates gave nearly $22,000 to this fake grant company and has been left with nothing.
These …read more

The Worlds Best Get Rich Quick Formula!

June 20, 2008 by ShannonCherry  
Filed under Business

The Worlds Best Get Rich Quick Formula!

The Worlds Best Get Rich Quick Formula!
 
 by Janet Foust

Have you ever wondered how the wealthy get wealthier?
I’m sure most of you can guess that real estate is one way, but there is another.  Its called compound interest.  There is a formula that has been around for years.  This formula is called the Rule of 72. The genius physicist, Einstein, regaled compound interest as the ninth wonder of the world!  
The Rule of 72 tells you exactly how many years it will take for your money to double when calculating compound interest. 
For example:
72 divided by interest rate of return …read more


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