a few blogs about the magic of compounding:

Get-Rich Formula
A Crystal Ball That Predicts Your First Million

hope you find it useful.

I made a post but no one answered What is compounding? Is it an investment technique? and if so can you explain it to me?

hi invmerry, the second link will bring you to the blog about compounding. it tries to tell you how it works, and you can even download the excel file so you can try it out yourself.

compound is an english word.

basically let say you invest $1 and get 50% profit per day, if you "coumpound it" ( not withdrawing anything ) you'll get profit not only for your investment, but also from your profit.

Yes, compounding is a very neat investing technique. Basically, after you get interest on your investment, you are throwing the interest back into the investment.

compounding is good and it works, but we are not here to learn about compounding.

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It can help you build that much needed capital!!!

I have a source that can do compounding monthly! Secured and with a low investment! You must sign NCND'S before you can get more info, but if you want to let me know!

Compounding is definitely the way to grow your savings even larger. I do it all the time on my CD's. My CD earns $$$ quarterly. Instead of the bank sending me a check for the interest, they put it back into the CD. So pretty much the money the bank is paying me is also earning me cash.

compounding interest is one of the worlds strongest forces anyways interesting read thanks for the links. Few good books that talk about this if anyones interested start late finish rich by David Bach, and the automatic millionaire also by David Basch. They are pretty much the same book just written towards diffrent groups of people. If im not mistaken theres mention of it in Rich dad Poor dad cant remember anyways thanks.

Compounding is the fact that the money you make off an investment can be reinvested to make even more money than your initial investment.

I wouldn't call it the Get Rich Formula because there's not such thing. It's normal if you save a lot of money that eventually you'll end up with a large sum.

I think the trick is to start young and be consistent!

ok, so when you become reach visit the page of this guy to make him happy. he wants to loan money, wants to pay more.

www.gene-money.com

compounding can work, but never jump blindly into this. Always get complete information and seek professional advice. A financial planner can tell you about your various options and the person can make a comparison study and if after the study the compounding option still seems lucrative, then go ahead by all means.

it is useful, i thoroughly enjoyed. Good find!

I found a very helpfull compounding calculator, its a great way to see exactly how much your going to get over a period of time.

http://www.math.com/students/calculators/source/compound.htm

thanks for that....compounding is why banks are opened

Thanks for the links - interesting reads.

I like the articles.

I can't open the links. Blog not found message appears? Anyone else have a correct link to view. Thanks in advance

This is a good idea to generate more returns and another option for a long-term investment; however this is not a good tactic if the profits are very unpredictable.

Edit: hijacking

There is no get rich quick schemes that really works.The God ordained way to acquire money is to work for it.

I can't completely understand these things but they seem an interesting subject to learn.

Thanks for sharing such great resources!

Here's another great compounding interest calculator:

http://www.econedlink.org/interactives/interest.html

For most money-making methods, I think the term 'formula' is a little mis-leading.

I think most formulae that can be communicated to others have much more to them than a series of steps, and are often as much about 'attitude'. Once you have the right attitude, you then need to find the formula that works for you. But it needs both...

Yes, but there are ways to work smarter, not harder. And one of the smart ways is to let your money "Work For You". If done properly, with a lot of due diligence, and a little luck, many people do strike it rich. The wealthy do not work hard for their money once they understand the "Law Of Attraction" (which many of them do).

Well, that's just my opinion. With the proper "mind set", there is no need to work hard for money.

JoAnn

Both of the link does not work.

Compounding is a great idea but you will not get rich quick.

I have always been asking myself the same question. Can i have the clear explanation from a member?

Totally agree about the Get Rich Quick Schemes. However it is very possible to have the wealth you desire without spending your entire life working 9-5 in a J-O-B. Educate yourself, then leverage your time and money to maximise your results.

Compound Interest examples are only hypothetical illustration.
With only few percentage interest given by all Banks, there is nothing much of return left when you deduct from inflation. Worst still, you will get even lesser back when you retire.

Hmm would like to add to the general discussion. The trick in retiring early is NOT just compounding. Cause most people have nothing to compound of.

It's starting a MLM business (and pickup on the personal development part of it), quiting your job, go full-time in MLM and leverage your income streams in managed investments.

A few book recommendations:
- 4 hour Work Week by Timothy Ferris
- Rich Dad Poor Dad by Robert Kiyosaki

with hard work you can retire in 2-5 years.

The FED is waging a war against people who save money. Compounding is a losing strategy if you factored in inflation and future taxes.

r this realy work ?????

Well ! It's very useful !!! Thanks for your sharing~~~~~~

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Thanks.

Here's a quick video that talks about compounding (earning interest on investments) and reverse compounding (canceling interest on debt).

Hi, This is very interesting earning by compounding. I searched on google, I found someone is saying
"If you start with just a single penny and double it every day for 31 days, you end up with ... $21,474,836.48. More than 21 million dollars in a single month!" Is it true yet? How its possible to earn such a great money without any hard labor!! I'm interested but confused..

compounding can be a double edged sword. It really depends on what you're investing in. If you're involved in trading that carries large draw downs, you will see that compounding can be lethal and great at the same time. If you are in a profitable venture that sustains for the long term, compounding prevails of course.