Compound interest is so powerful that Albert Einstein is said to have called it “the most powerful force in the universe.”
Investing
To sum things up, bad debt is borrowing money to buy liabilities while good debt is borrowing money to buy assets. This knowledge is one of the key factors that separate affluent individuals and everyone else.
Warren Buffett and Charlie Munger explain the benefits of working with less capital during Berkshire Hathaway’s annual meeting […]
Economic Motivation 