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Home / Services / Calculators / Newsletter / Archives Financial Truth #4 "THE BEST TIME TO BEGIN SAVING IS NOW." A person who save $1,000 per year at 8% will see their investment grow to $113,283 in 30 years. If that person waited one year to begin saving, the investment would only grow to $103,965. The secret to growth is consistent, regular savings. The sooner you begin, the more your investments will grow. Let the miracle of compounding work for you. This method is not quick, but it is sure.
(July, 2003 Newsletter)
James E. Newland, CPA 939 Center Road Eastlake, Ohio 44095 440-951-9799 |
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