This course is about the mathematics of how money compounds, of how wealth grows. How long do you think it will take you to double your current wealth?
Do you want to grow your wealth? If you are here, then yes. We are all wealthy to a greater or lesser degree, unless we are in debt. We also talk about debt. Some have a little wealth, some a lot relative to the average person in the world.
But if you are here in this course, you would like to be wealthier. Why? For financial freedom, so you can quit your job, perhaps to be your own boss, or to retire comfortably, or to travel more, or to provide a higher standard of living to your family. All are good reasons.
While these are all valid reasons, you must take ownership of your wealth, and manage the growth of your money. No one else cares about it the way you do. (But I would like to help you help yourself.) There are many ways to do this, particularly with stocks and real estate.
You need some simple math, to determine how long it will take to double your money under certain scenarios. This course provides those tools, especially in the context of the Rule of 72.
It also provides a number of suggestions as to how to apply that Rule to reducing debt, investing in stocks and options, and investing in real estate, either for residence or to rent out.
Learning objectives include
The idea is to determine how fast your wealth can grow under different scenarios. To determine how quickly you can move toward that goal of financial freedom.
Nothing in the course is explicit investment advice, you should undertake your own investment decisions.
Stephen Perrenod is: