December 20, 2009 | | Comments 3

Knowledge Drop: The most powerful force in finance

einstein-compound-interest-rule-of-72Most people don’t know what compound interest is, and even fewer know about the Rule of 72.  This is why saving your money is critical to your financial future and why, as compulsive/conspicuous consumers, Black people in America have made no significant economic progress relative to other ethnic groups since Reconstruction.  Compound interest is your friend and next to significant liquidity events (e.g. selling an internet start up for millions) the most powerful economic force to build wealth in our community.

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Filed Under: Drop KnowledgeEconomic Empowerment


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  1. This is the right weblog for anyone who desires to seek out out about this topic. You understand so much its virtually arduous to argue with you (not that I truly would want…HaHa). You undoubtedly put a brand new spin on a topic thats been written about for years. Great stuff, simply great!

  2. shuhali says:

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  3. Mike Ageboi says:

    Nice post we were looking forit

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