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Old Chestnut Don’t Care (guest: Morris Sachs)

The Market Huddle

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Compound Interest Is the Eight Wonder of the World, Right?

i have dozens of people whohave come to, you know, ask for financial vice over the years. And i just think the average guy would do himself a favor by turning off the quote, machine and thinking about what he is trying to achieve with his money. Albert einstein said that compound interest is the eighth wonder of the world. I idon't got a lot of time for compound interest to be working for me. But if i'm 28 and i have any money, i want to think about how am i going to get that money to grow?

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