The Wealth Equation (WIP)
The idea of a simple equation for things in life is attractive. An equation for getting in shape is easy.
As Gary Vee would say:
Getting in Shape = Eat healthy + Exercise
It’s a simple equation that we all know and yet you’ll often find us looking for a shortcut.
I’ve been wondering what the equation for building wealth is. I think the basics are:
Building Wealth = Save + Invest in assets + Time
I’m also interested in Compound Interest Equation. Even better, I’m interested in the Compound Interest Equation combined with additional investment would be a pretty powerful equation.
This is all a Work In Progress (WIP) so we’ll see where I settle on this.
Bye for now,
Sanjee