Compounded Growth or a Penny doubled
Many may have heard this before but it is a great example of the value of compounded growth.
What would you choose to have…. $100,000.00 cash or a penny that doubles every day for a month?
Most likely the average person would take the $100,000.00. That also may indicate why 95% of Americans who retire at 65 have less than $2,500.00 in savings.
I heard along time ago to observe the masses and do the opposite. This will lead you to prosperity and a successful life.
Ok, lets look at what a penny doubled every day for a month would look like. (more…)

