Chapter 11 The Final Word
Summing Up Your Life Program of Accumulating and Enjoying Wealth
Reading and learning about investment strategies is one thing. Maintaining the discipline to carry forth these strategies is another.
The largest wealth is accumulated by market-savvy investors who develop their financial plans and follow their own smart rules.
First Step—Set Aside Investment Capital, Starting as Early as Possible and with as Much Capital as You Can Afford
The longer capital is compounded, the greater the benefit. An initial investment of $100,000, achieving a growth rate of 10% per year for 10 years, will grow to $259,460—a gain of 159.5%. An initial investment of $100,000 over 20 years, growing at a rate of 10% per ...
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