rmd: (moneycat)
[personal profile] rmd
I spent part of this morning mucking about with excel for various EOY things.

Even knowing the power of compound interest, I am occasionally staggered by the power of compound interest.

Date: 2010-01-09 06:47 pm (UTC)
dpolicar: (Default)
From: [personal profile] dpolicar
You would be more staggered by it if you had started being staggered by it earlier.
No, wait, what?

Date: 2010-01-09 07:14 pm (UTC)
From: [identity profile] hammercock.livejournal.com
It's the most powerful force in the universe!

Date: 2010-01-09 11:14 pm (UTC)
From: [identity profile] llachglin.livejournal.com
Hopefully you're being staggered by earning interest rather than paying it. For me the power of compound interest only seems to work in the wrong direction.

Date: 2010-01-09 11:40 pm (UTC)
From: [identity profile] rmd.livejournal.com
i'm used to feeling rogered by being on the giving end of compound interest. but i had an opportunity to look at being on the good side of it, which was nice. instead of "well, crap, this is what i'm really paying" it was "hey, look at that! neat!"
Edited Date: 2010-01-09 11:40 pm (UTC)

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