My first blog and my first post! How to Grow a Fast Growing Money Tree!
Well let me introduce myself, my name is Brian E. Niskala and probably like you have struggled financially throughout my career. In fact I had been laid off, well actually fired is the correct term and I was unemployed on and off for over 4 years. Not because I was lazy or incompetent, it was after the 2008 economic slowdown, people were getting laid-off, fired on an almost daily basis. Up until then I considered myself smarter than the average guy and secure in my job. But those 4 years of unemployment taught me more about myself than I could ever learn in college or even climbing Everest or living on the streets of New York for that matter. Those 4 long years gave me time to think, reflect, dream, educate myself and build an unbelievable desire to succeed. My plan and goal was simple, to never have to depend on a paycheck from an employer again!
Before we continue a question… would you want $1,000,000
right now or .01 doubled every day for 30 days collecting that final sum on day
30? Think about it for a couple of seconds and if you are not sure what
compounding is or have never heard or seen it… the following chart might help
explain it better as well as answer the previous question.
Penny Doubled Every Day for a month
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1
|
$0.01
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2
|
$0.02
|
|
3
|
$0.04
|
|
4
|
$0.08
|
|
5
|
$0.16
|
|
6
|
$0.32
|
|
7
|
$0.64
|
|
8
|
$1.28
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|
9
|
$2.56
|
|
10
|
$5.12
|
|
11
|
$10.24
|
|
12
|
$20.48
|
|
13
|
$40.96
|
|
14
|
$81.92
|
|
15
|
$163.84
|
|
16
|
$327.68
|
|
17
|
$655.36
|
|
18
|
$1,310.72
|
|
19
|
$2,621.44
|
|
20
|
$5,242.88
|
|
21
|
$10,485.76
|
|
22
|
$20,971.52
|
|
23
|
$41,943.04
|
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24
|
$83,886.08
|
|
25
|
$167,772.16
|
|
26
|
$335,544.32
|
|
27
|
$671,088.64
|
|
28
|
$1,342,177.28
|
|
29
|
$2,684,354.56
|
|
30
|
$5,368,709.12
|
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31
|
$10,737,418.24
|
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So if you answered a
million right now, that is the answer most people would answer. But as you can
see a little patience and around day 28 you get your million and then some. In
fact if you are in a 31 day month you will have close to $11,000,000.00!
My life’s quest was to figure out how to take that little
chart and replicate it in the investment world. To apply the simple math of
compounding with a little money invested that would become millions in not only
my life time but in less than a decade! So on we go into understanding the
complicated world of the stock market. Trust me, it is simpler than you may
think!
So if I have your attention, send me a message so I can continue blogging and see if there is value in my expereince.
