“the Value Of A Dollar”

A dollar doesn’t seem like much now days. If you go to the store you’re not going be able to get much with your dollar. People live for their dollar today, not for their dollar tomorrow. We officially have a negative savings rate, in America.
We have lost all concept of building wealth. We want to look wealthy, but not put in the time or effort to be wealthy.
Dollar Amount Invested Yearly percentage growth Years Invested
The sad part is it is easy to be wealthy, all you need is time. Use the tool all wealthy people use “Compounding Interest”
If we were to look at the value of a dollar today or investing our dollar for the future it is easy to see what we should do. Below I have listed the value of the dollar 35 years in the future at different growth rates.

1 4% 35 $3.95
1 6% 35 $7.96
1 8% 35 $14.79
1 10% 35 $28.10
1 12% 35 $52.80
1 14% 35 $98.10
1 16% 35 $180.00
1 18% 35 $328.00
1 20% 35 $591.00
1 22% 35 $1,053.00
1 24% 35 $1,861.00
1 26% 35 $3,258.00
1 28% 35 $5,654.00
1 30% 35 $9,728.00

The power of compound interest is the easiest way to become a millionaire. The greatest investor of all time, Warren Buffet, believes in the power of compound interest. In fact, Buffet has the compound interest chart memorized for many different yearly growth rates.
Keep in mind the chart above is for one dollar. Imagine what you would be worth if you could save 10 dollars a week. Start saving for your future!

Author: Nicholas Richards
Nicholas is proud to be a part of http://www.daily-profits-newsletter.com. Showing people how to produce high yearly interest growth on their money.

By: NR

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