BBB

Tribal Percentages

The extensive power of compound interest combined with time cannot be overemphasized. In 1965, the investor Warren Buffet figured the land value of Manhattan worked out to roughly $12.5 billion, which worked out to a 6.12% compounded annual gain. This compared favourably to a paltry $24 dollars the Manhattan Indians sold to Peter Minuit in 1626.

• This story demonstrates why we must, as investors, be aware of how we are spending our money, and what that money is doing when not being spent.
• Is it sitting in cash? Is it buying and selling too often and often at a loss? The most important thing is that we are finding good, long-term investments that can allow the work of compounding interest to do its job.
• Together with Kingdom Bank Group, we will put in place a plan that focuses your investment portfolio in the long-term.