Comments on: Compound Interest – Friend or Foe – Part II http://eliminatethemuda.com/2009/11/compound-interest-friend-or-foe-part-ii/ Where we prove that it is easier to save a dollar than to make a dollar! Tue, 03 Jan 2012 01:16:38 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Monday Scoop on Housing Market and Credit Karma News | Judgement credit reporthttp://eliminatethemuda.com/2009/11/compound-interest-friend-or-foe-part-ii/#comment-126 Monday Scoop on Housing Market and Credit Karma News | Judgement credit report Tue, 08 Dec 2009 01:31:45 +0000 http://eliminatethemuda.com/?p=1688#comment-126 [...] Ever wonder how compound interest works on your mortgage? Read up on Eliminate the Muda’s two part series, “Compound interest – friend or foe“. [...] [...] Ever wonder how compound interest works on your mortgage? Read up on Eliminate the Muda’s two part series, “Compound interest – friend or foe“. [...]

]]> By: Evolution Of Wealthhttp://eliminatethemuda.com/2009/11/compound-interest-friend-or-foe-part-ii/#comment-123 Evolution Of Wealth Mon, 07 Dec 2009 22:52:26 +0000 http://eliminatethemuda.com/?p=1688#comment-123 I couldn't agree with you more. Most people think that compound interest is just magic that happens automatically. They then in fact end up hurting their own best friend. I wrote a post a few months ago called "Destroying Your Compounding Interest" http://evolutionofwealth.com/2009/08/destroying-your-compound-interest/ I'd love to know what you think. I couldn’t agree with you more. Most people think that compound interest is just magic that happens automatically. They then in fact end up hurting their own best friend. I wrote a post a few months ago called “Destroying Your Compounding Interest” http://evolutionofwealth.com/2009/08/destroying-your-compound-interest/ I’d love to know what you think.

]]> By: Monday Scoop on Housing Market and Credit Karma Newshttp://eliminatethemuda.com/2009/11/compound-interest-friend-or-foe-part-ii/#comment-122 Monday Scoop on Housing Market and Credit Karma News Mon, 07 Dec 2009 21:07:15 +0000 http://eliminatethemuda.com/?p=1688#comment-122 [...] Ever wonder how compound interest works on your mortgage? Read up on Eliminate the Muda’s two part series, “Compound interest – friend or foe“. [...] [...] Ever wonder how compound interest works on your mortgage? Read up on Eliminate the Muda’s two part series, “Compound interest – friend or foe“. [...]

]]> By: Monday Scoop on Housing Market and Credit Karma News | Credit Karma Bloghttp://eliminatethemuda.com/2009/11/compound-interest-friend-or-foe-part-ii/#comment-121 Monday Scoop on Housing Market and Credit Karma News | Credit Karma Blog Mon, 07 Dec 2009 17:55:07 +0000 http://eliminatethemuda.com/?p=1688#comment-121 [...] Ever wonder how compound interest works on your mortgage? Read up on Eliminate the Muda’s two part series, “Compound interest - friend or foe“. [...] [...] Ever wonder how compound interest works on your mortgage? Read up on Eliminate the Muda’s two part series, “Compound interest – friend or foe“. [...]

]]> By: Carnival of Personal Finance #234 – Weirdest Toy Crazes Edition | Suburban Dollarhttp://eliminatethemuda.com/2009/11/compound-interest-friend-or-foe-part-ii/#comment-119 Carnival of Personal Finance #234 – Weirdest Toy Crazes Edition | Suburban Dollar Mon, 07 Dec 2009 13:06:28 +0000 http://eliminatethemuda.com/?p=1688#comment-119 [...] Life Coach explains how compound interest can be both a friend and a foe. Which side of the equation you are on really determines whether it is your friend of a foe, this [...] [...] Life Coach explains how compound interest can be both a friend and a foe. Which side of the equation you are on really determines whether it is your friend of a foe, this [...]

]]> By: The LeanLifeCoachhttp://eliminatethemuda.com/2009/11/compound-interest-friend-or-foe-part-ii/#comment-117 The LeanLifeCoach Mon, 30 Nov 2009 19:57:19 +0000 http://eliminatethemuda.com/?p=1688#comment-117 Admittedly, I was one of those people. I'm not speaking for everyone else but it my case it was pure ignorance. In the words of the <a href="http://financialsamurai.com/" rel="nofollow">Financial Samurai</a> "Knowledge will set you free." Yes, I made some profit off that house and have had a couple more since then. I am enjoying the 5.25% fixed rate we have today much more! Admittedly, I was one of those people. I’m not speaking for everyone else but it my case it was pure ignorance. In the words of the Financial Samurai “Knowledge will set you free.”

Yes, I made some profit off that house and have had a couple more since then. I am enjoying the 5.25% fixed rate we have today much more!

]]> By: David Fhttp://eliminatethemuda.com/2009/11/compound-interest-friend-or-foe-part-ii/#comment-115 David F Mon, 30 Nov 2009 18:17:43 +0000 http://eliminatethemuda.com/?p=1688#comment-115 Great examples. I've always wondered why people keep handing money over to mutual fund managers who fail to keep up with the index funds. Hope you made some profit off your $83,000 home! Did you buy another house? Great examples. I’ve always wondered why people keep handing money over to mutual fund managers who fail to keep up with the index funds. Hope you made some profit off your $83,000 home! Did you buy another house?

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