Friday, March 5, 2010

The Power of Compound Interest

From the blog Clusterstock. I figure this woman achieved a compound rate of return of just over 17.5% since 1935.

You see a lot of these types of stories around Omaha, Nebraska, with people who had invested with Warren Buffett in the earlier 1960's, and never sold a share (see the Peter Buffett post on this blog earlier this week).