Pocket Change

The idea that significant wealth can be derived from small change might sound fanciful. Yet a handful of coins can yield immense rewards. Set aside four quarters daily starting at age twenty-five, compound it at eight percent, and it will increase to more than one hundred thousand dollars by age sixty-five. The time is considerable, but then so is the result. It’s rather amazing when you think about it.

The next time you see a penny on the ground stop to pick it up and consider this; if a Single Penny were to earn six percent interest from the time of Columbus; it would compound into more than a Hundred Billion Dollars, stated numerically in excess of $100,000,000,000.

                                            
                                           Roger L. Caron