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High School Econ and Yoohoo

High School Econ and Yoohoo

Well after exponentiation lessons in Math class I really had no reason to think about investing. Heck that was only for grown up people with jobs, I’d have to wait to put my devious plan into action. So really investing did not consume much of my thoughts through high school. Senior year I took an Economics class and while we discussed relevant economic theories I probably was too busy oogling at the girls in the class because I honestly don’t remember much about the theory being taught in the class and really did not understand the stock market at all.

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What got me interested in Investing?

What got me interested in Investing?

What got me into investing? Well I am not exactly sure how old I was, but I know I was in Math class and learning about exponentiation, pretty sure it was still in grade school. Anyway as usual my mind began to wander and I probably was not paying attention to the task at hand anymore, but for some reason I decided to think of exponentiation in terms of money. Again I have no idea why because investing was not something I had ever discussed with anyone before and money really was not an important part of my life at that point. Anyway I took my calculator and punched in a sum of money, something like a 6% rate of return, for 40 years. I couldn’t believe my eyes!! How could such a small amount of money grow into such a large sum, without having to do anything . Well I continued on punching in bigger initial investments, higher rates of returns, over even longer periods of time and soon came the conclusion that if I could somehow find a way to get some bank or something to give me like 5 or 6% return over my lifetime I would be very wealthy. I couldn’t understand why everyone didn’t do this and why people didn’t just bite the bullet and put a bunch of money away for the next generation or the generation after that. I mean the number coming out of my calculator for compounding money over 100 years was amazing!!

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