Take 72 divided by interest rate to determine how many years before your investment doubles. Say interest rate of 6%. Investment doubles in 72 / 6 = 12 years.
Let's not worry about the Federal Reserve System chewing away the value of you dollars through inflation right. I can tell you use logic throught Kainsin Economics because your definition of money in itself is all wrong. If you believe todays current dollars are evidence of wealth. Then why is it debt as soon as it's created out of thin air with interest attached to the creation once it leaves the US treasury to be distributed into commerce? Just a little thought next time you make a video
Oh, and it isn't back by any form of true value or convertable into anything? Just check out the US constitution under article 1 section 10 and you'll get your answers there on this subject.
Video quality: I should have that fixed for next time.
Selling out-of-the-money calls against long stock positions or covered calls or a buy-write strategy generates premium income on call-sale against the stock. It caps upside as will get called if stock goes up through strike price and gives some cushion on downside due to the premium received. Quite sophisticated strat. and not part of financial lit. intro so no recommendations here - works best obv. with higher vol. as premium rec. higher.
@savingandinvesting oh i see. that's why I read it is NOT something you would try and sell as a strategy to an unsophisticated or inexperienced trader / investor.
Hi ya Michael, long time no see,...been busy workin', considerin' the time lapse between my last view of one of your vids, i gotta hunch there are plenty of greats vids i have to see,....take care good buddy and hope ya have a GREAT DAY!!!
Easiest way to ESTIMATE compounding is rule of 72
Take 72 divided by interest rate to determine how many years before your investment doubles. Say interest rate of 6%. Investment doubles in 72 / 6 = 12 years.
thevividdream 1 year ago
MONEY AND THE MATERIAL IS OVER!!!
MLEFUTURE 1 year ago
Way to take a basic concept and make it sound like gobbledeegook.
HeBreaksLate 1 year ago
money equal shit
its wat has ruined the world
we need to go back to our roots and live again with nature
RealFutureStar33 1 year ago
very true
TONEASY 1 year ago
Behold what has ruined this country.
EmperorofCartoons 1 year ago
EmperorofCartoons I couldn't agree more. Fuckin awesome comment! Screw this greedmonger.
vinavichi 1 year ago
Let's not worry about the Federal Reserve System chewing away the value of you dollars through inflation right. I can tell you use logic throught Kainsin Economics because your definition of money in itself is all wrong. If you believe todays current dollars are evidence of wealth. Then why is it debt as soon as it's created out of thin air with interest attached to the creation once it leaves the US treasury to be distributed into commerce? Just a little thought next time you make a video
cvenzke410 1 year ago
Oh, and it isn't back by any form of true value or convertable into anything? Just check out the US constitution under article 1 section 10 and you'll get your answers there on this subject.
cvenzke410 1 year ago
woah you cut your hair.
Hey what do you think about covered calls in options?
video seems fuzzy.
shakaama 1 year ago
Video quality: I should have that fixed for next time.
Selling out-of-the-money calls against long stock positions or covered calls or a buy-write strategy generates premium income on call-sale against the stock. It caps upside as will get called if stock goes up through strike price and gives some cushion on downside due to the premium received. Quite sophisticated strat. and not part of financial lit. intro so no recommendations here - works best obv. with higher vol. as premium rec. higher.
savingandinvesting 1 year ago
@savingandinvesting oh i see. that's why I read it is NOT something you would try and sell as a strategy to an unsophisticated or inexperienced trader / investor.
shakaama 1 year ago
good, thank you.
mark7996 1 year ago
hair B gone
aarondkeogh 1 year ago
Great to have you back, you are my favorite youtube user. :-)
999301573 1 year ago
Hi ya Michael, long time no see,...been busy workin', considerin' the time lapse between my last view of one of your vids, i gotta hunch there are plenty of greats vids i have to see,....take care good buddy and hope ya have a GREAT DAY!!!
qualqui 1 year ago