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Investing: The Power of Compounding and Why You Should Minimize MERs

The power of compound interest is the most powerful force in the universe . -  Albert Einstein (Allegedly)      Grandiosity aside, w hether it was Einstein or someone else who first said that, it gets the point across.  Compound interest (which is interchangeably referred to as compounding and compounding growth) is incredibly powerful. The good news is that anyone with an internet connection can harness its power with close to zero effort or cost.       We are far from the first people to take a swing at communicating the value of compounding. It's like Unchained Melody , eventually everyone does a version of it. B ut we feel its level of importance can't be overstated, and that Capital MONEY! may offer a perspective that adds value to our community.  What is Compounding Growth?      For investing, compounding growth is the investment returns generated by the accumulated reinvested returns plus the original principal. Mor...

Small Business Series Volume I: The Taconomics of Starting a Food Truck

In our Small Business series we will cover a range of topics intended to help people start a small business, improve an existing small business, or increase their general business acumen. We often see small business owners unable to answer basic business questions on topics fundamental to success. Similarly, and more unfortunately, we see small business owners in businesses that had minimal potential for success from the beginning.  Capital MONEY! aims to provide resources to existing and prospective small business owners to help them direct their energy and resources into opportunities with the highest chance of success. In Volume I we cover the economics of starting a food truck and provide a general framework that can be applied to a variety of businesses.  So you think you want to start a business.  To help you determine if it's a promising business idea, answer these questions... What product will your business sell?  Who are your customers and how would you acq...