By Frank Conway “Compound interest is the eighth wonder of the world. He who understands it, earns it … he who doesn’t … pays it.” – Albert Einstein OK, just … Continue reading Putting the power of the Eight Wonder of the World to work for you!
The desert arrives! The landscape for savers these days resembles an encroaching desert with fewer and fewer options for growth. Low returns and high taxes are demolishing potential earnings. But … Continue reading In a savings desert, where can your money grow
During the month of October, Vanguard Group pulled in US$196 billion of new investor cash. Vanguard is the largest provider of index-tracking investment products and its October figures represents … Continue reading Why passive management is winning investment cash
Very little apparently! Back in the late ‘90’s, when I was still a credit underwriter, I worked on a project that I thought was a little bonkers. The project was … Continue reading What’s the difference between a fund analyst and a computer?
The US dollar is still the global reserve currency. And over the course of the last few weeks, its value has fluctuated by just under 9% and over the course … Continue reading Staying the course in a fluctuating investing environment
Picture this. It is the winter of 2045, you are retired and you have had enough of the cold winter days and long dark evenings. You would love to turn … Continue reading Putting the time value of money to work for you
Ronald Read lived in rural Vermont and pumped petrol for a living. But on his death, friends were surprised by his wealth. Mr. Read, a longtime resident of Brattleboro, Vt., … Continue reading How frugal living and patience are keys to growing personal wealth