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Just my thoughts #0504

If only interest is applied to the principal, it is ‘simple interest,’ and if interest is applied to the principal including former interest, it is ‘compound interest.’ There are people who make money through simple interest and through compound interest. The same goes for spending money. The difference between simple interest and compound interest can create an unimaginable impact over time. Time is treated fairly for everyone, but if compound interest intervenes in the uniform application of time, the results of compound interest will vary greatly, even after the same duration has passed. Being poor also has a cost, which is paid by compound interest. If you want to be wealthy, you must earn compound interest, not simple interest. The best way to achieve this continuously is to engage in small but regular actions every day, whether it’s investing in stocks or acquiring knowledge. - Joseph’s “just my thoughts”
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Just my thoughts #0457

The smooth article seems natural, not because it was written spontaneously, but because it underwent revision. Much of the natural writing was not created automatically; instead, it was a result of the writer’s intention.


- Joseph’s “just my thoughts”




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