Rabu, 09 September 2009
Gary's Greatest Hits on Trading | Gary B. Smith | Financial Articles & Investing News | TheStreet.com
Gary's Greatest Hits on Trading | Gary B. Smith | Financial Articles & Investing News | TheStreet.com: "The most efficient way to turn a small amount of money into a large amount is through constant compounding. Even small percentage gains per day add up to big gains over time. I asked one of the students if he started with $5,000 and every trading day increased it only 0.5%, how much he'd have after five years. He guessed about $50,000. The answer is $3 million."
Minggu, 06 September 2009
John Fund Interviews David Walker: The Deficits Are Coming! - WSJ.com
John Fund Interviews David Walker: The Deficits Are Coming! - WSJ.com: "'Our $56 trillion in unfunded obligations amount to $483,000 per household. That's 10 times the median household income—so it's as if everyone had a second or third mortgage on a house equal to 10 times their income but no house they can lay claim to.' As for this year's likely deficit of $1.8 trillion, Mr. Walker suggests its size be conveyed thusly: 'A deficit that large is $3.4 million a minute, $200 million an hour, $5 billion a day,' he says. That does indeed put things into perspective."
Jumat, 04 September 2009
Kamis, 03 September 2009
Lame Cherry: If Sarah Palin had been elected....
Lame Cherry: If Sarah Palin had been elected....: "If Sarah Palin had been elected,"
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