Hey
I have recently started reading the book "SuperFreakonomics." I came across the term "Cumulative Advantage."
To me, this term has the same level of importance as compound interest. As I write this I am realizing this is a very strong way to become very wealthy. For example, when my savings hits a mark, a percentage gets pulled out and used for other investments. I believe this cycle will eventually lead my wealth creation to high levels. I will have a strong savings base that will grow and assist newer businesses flourish which will in turn do the same.
I recommend this book (I've only read two chapters) and recommend looking into the ideal of using the cumulative advantage to become wealthy!
Good Luck
Showing posts with label saving. Show all posts
Showing posts with label saving. Show all posts
Thursday, January 14, 2010
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