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.

If anyone here wants to make some serious cash- cash gifting is the way! www.incomefactory.net

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.

This post has been edited by azulthewise: Mar 9 2008, 03:28 PM

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

Advertise With MMG. Click Here Now To Find Out How.