One of my favourite quotes comes from one of the greatest physicists of history:

“The most powerful force in the universe is compound interest”. - Albert Einstein

Compound interest has made many people and institutions very rich. But it has also kept lots of people in poverty. And these were the people who underestimated the power of compound interest. They borrowed money that they then had to pay back - with compound interest.

You need a strategic and determined mindset to get rich. Warren Buffet, the worlds greatest investor, is know to have said that by the age of thirty he will be a millionaire or “jump off the tallest building in Omaha.” I guess he meant what he said, because when he was thirty, he already was a millionaire.

Categories: Living Profitable
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