StockFetcher Forums · General Discussion · the beauty of compounding money<< >>Post Follow-up
cr0cop
87 posts
msg #76857
Ignore cr0cop
7/26/2009 2:13:02 PM

TRO had told me that if you add 2% to your money, within one year you would be rich......so i did the calculation in a spread sheet and if you start with $2,000 dollars and you increment 2% of the money daily, within 300 days you will have $745,557.86 cents! wow i had never looked into this... i know this is probably not a shock to you guys with experience but wow i just had never done the math

bullrun
27 posts
msg #76869
Ignore bullrun
7/26/2009 10:33:57 PM

The only flaw in this theory is assuming you invest 100% of your capital each time. I know of no one who does this when it gets up to six figures. It's a good theory, but not a realistic one :-)

StockFetcher Forums · General Discussion · the beauty of compounding money<< >>Post Follow-up

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