In yesterday's post I talked about my experience of setting up a Bitcoin account, and in exchange for doing so, receiving .004207 of Bitcoin, the equivalent of $1.00, from Coinbase. I suggested you may want to do the same, but my guess is many of you did not. And that may turn out to be … Continue reading Who Knew I Was the Bitcoin Tipping Point
Tag: compounding
The Magic of Compounding – Start Early
Remember that time is money. - Ben Franklin, Advice to a Young Tradesman, 1748 To prove what Franklin meant about the time value of money, let's use an example, one that pays homage to Franklin. Another famous saying of Franklin's is "A penny saved is a penny got." Imagine someone took Franklin's advice, and took … Continue reading The Magic of Compounding – Start Early
Borden's Blather 