Compounding

Simply generating income from previous income. Money generate money!

How? Initial Capital + income reinvested continuously for a number of years

With 10,000 as the only initial investment and compounded at 20% per year, will generate a return of 953,962.17 after 25 years. The almost million is money that comes in "with practically less effort". Find that investment, and you are there.

To see compounded amount at different rate, go here http://www.moneychimp.com/calculator/popup/calculator.htm to calculate and answer the extension to "what do I want" question, i.e. how much do I want?

Definitely, remember that compounding is your best friend.

Compounding is the eight wonder of the world ---Albert Einstien