Curtis Ray's Podcast

Compound Interest Explained by Curtis Ray


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Compound Interest is your money growing for you by itself, and then the money that it grew, also continues to grow, creating the phenomenon called Exponential Growth. Much like a snowball, the more times you roll it, the bigger and faster the diameter gets. That is exactly what you would want your nest egg to do. Albert Einstein is credited for saying that Compound Interest is the greatest mathematical invention of all time.

The financial industry has done us a disservice for how little they speak to the world regarding the power of compounding interest, how it works, what impedes it, what accelerates it, and the different variables that play a big role in your pursuit of freedom and wealth. It is my mission and passion to help every person of all income levels, benefit from this power that everyone has access to.

Compound interest has 2 major variables… 1st we must understand the fundamental mathematical constants at play. 2nd, we must understand the commitment to the habits it takes to achieve this phenomenon.

To calculate the potential of compound interest, it is called the Rule of 72, or how long it takes for your money to accomplish 1 compounding cycle.  A compounding cycle is how long it takes to double your money.  How you determine a compound cycle is take your projected interest earnings from your investment and divide it into 72.  For example listen to this podcast.

I'm Curtis Ray, Always Be Compounding™!

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Curtis Ray's PodcastBy Curtis Ray