“Compound interest is the eighth wonder of the world. He who understands it, earns it… he who doesn’t… pays it,” said Albert Einstein, one of the smartest men in human history. Despite his words, few people know what compound interest is and even fewer understand its power. So what is compound interest? Quantitatively, compound interest […]
Since its legalization for recreational usage in multiple states, marijuana has attracted billions of dollars of capital investment. The pot stock boom is in full swing, with marijuana companies grabbing the attention of investors around the world. Billions of dollars are flowing into the industry, and investors are being rewarded for jumping on board. Tilray […]
By Joe Raymond So you have some savings, what’s next? Over the past 200 years, stocks have been the most reliable route to wealth. Anyone can invest in stocks, but how can you take advantage of the long-term potential of the stock market? How much money do you need to start? As an investor, you […]
By Joe Raymond Intelligent investment is the key to individual and societal wealth. There is little doubt that, over the long-term, consistently spending less than you earn and placing your savings in a low-risk investment vehicle will lead to financial independence. To illustrate, if, at the age of 25, you begin saving $5,000 per year […]
Warren Buffett, the world’s most famous investor, is currently worth about $88.5 billion. That’s enough money to buy 29,500 brand-new Bugatti Chirons. Had he purchased these supercars on his 16th birthday (in 1946), and driven a different one each day ever since, he’d still have over 3,000 unused Bugattis. In other words, Buffett is a very, very rich man, and […]
