Compound Interest, "The Grain Of Rice Fable”
Manage episode 409078057 series 2800045
Dating back to the 13th century, the "Grain of Rice" fable has long been told in order to teach the simple concept of compound interest.
Today, Brad shares this important tale and how it relates to the Rule of 72. You don't want to miss this tried and true investing tip!
Listen Now!
Show Highlights Include:
- The Grain Of Rice. (2:50)
- Seeing The Light. (7:27)
- Why You Should Think Long-Term. (9:05)
- Even If The Truth Hurts. (11:01)
- The Rule Of 72. (12:47)
To schedule your free retirement tracking meeting, specifically for first responders, head to http://pensionattention.com/ or call us at 805-410-5454.
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