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Tuesday, December 1st, 2009

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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