Monday, 8 February 2010

Enjoy watching things grow

I have just been talking to my son Matthew about saving for the future and the power of compounding. We have just worked out that if you could find a way of doubling your money every day for 20 days you could turn £1 into £1m.

This exercise was extremely useful as I would like a new Aston Martin and he would like a Yaught. We are half way there in that we have a £1 coin so all we need is to find a way of doubling it!

Any ideas please let us know

Enjoy yourself

Mark

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