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It’s all about: Accumulation and Compounding

Posted: Fri Sep 26, 2003 10:21 am
by Sir G
Following is a non-trading example of what trading is all about.

http://moneycentral.msn.com/content/Ret ... P60708.asp

Gordon

Posted: Sun Sep 28, 2003 8:06 pm
by Chuck B
Latte's are one thing, but look at the 40 year compounded costs of drinking wine and alcoholic drinks! Essentially every 20 year old person doing so for the next 45 years is giving away far more than a million at retirement age.

Posted: Sun Sep 28, 2003 8:48 pm
by Kiwi
Thank heavens we're not 20 then Chuck.