A couple of months ago, I wrote about the power of small and simple things — more specifically, about how simple financial principles lead to financial security. That column focused on creating and ...
Let's face it: building wealth long-term can be challenging. Day-to-day expenses constantly erode the dollars we have saved so diligently, especially when prices rise relentlessly while salaries ...
Einstein allegedly called compound interest the eighth wonder of the world. Benjamin Franklin defined it more poetically: “Money makes money. And the money that money makes, makes money.” Here’s ...
If you’re an investor looking to understand the benefits of compound interest, consider the example set by the legendary Warren Buffett. The 93-year-old’s net worth has grown to $137 billion over the ...
In a recent Wall Street Journal Article, Alex Pollock and I proposed using financial defeasance to unlock the mortgage market. Existing home sales volume has been severely depressed since September ...
GRAFTON, Va. (WAVY) — Most of us would jump at the opportunity to make money while doing very little. Chris Davis, a private banking manager with Bayport Credit Union, said that’s essentially what’s ...
Albert Einstein famously called compound interest one of the greatest "miracles" known to man. His observation underscores the incredible potential of this financial concept to transform even small ...