Do you have lazy cash just hanging around on your couch, or under your bed? Now is a good time to put that cash to work.
If your extra cash is sitting on the sidelines, dormant and lazy, you’re missing out on one of the most important ingredients of investment success, compounding. Compounding is how you—the investor—put time to work. Take a look at my compound interest table below. It doesn’t take much in the way of interest rates to begin stacking up returns.
Action Line: Rather than rely on the casino-like ups and downs of the stock market, investors develop and nurture streams of income from dividend-paying stocks and interest. You want to turn your lazy cash into an income generator. When you want help, email me at ejsmith@yoursurvivalguy.com. And click here to subscribe to my free monthly Survive & Thrive letter. My most recent letter talks about bonds, when to buy and sell, and gold miners.
