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How does a 19 year old have $1,500 in 1972?
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06-09-2011, 08:57 AM
prewarsports
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Join Date: Apr 2009
Posts: 1,565
That is the power of compounding interest. Nothing makes 660% per year, but you start compounding interest on a decent stock portfolio over the long haul and that $1500 for 40 years makes more than that Wagner.
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