Small Investment Ideas - Nickel and Diming Your Way to a Million Dollars

A million dollars is numerical in nature, by that weThe reason why many smart people and you should
mean it is measurable and made up of exactly onetoo, get excited about a 20% return in a few days is
million single dollar bills. Or to break it down to it'sbecause of compounding. Interest upon interest is
lowest common denominator, it is made up of 1 billionnot entirely an alien concept to most people, but the
1 cent coins. With that in mind, making one millionsignificance and the sheer power of compound
dollars is more about the 1 cent coin than about theinterest must be acknowledged and utilized.
massive $1 million dollar bill. Let's consider this goal andLook at it this way, if you could manage to
how one can make $1 million dollars with smallsustainably and in a scalable way (which are two very
investments.important components) make just 20% in a few
The smart money always keeps it's eye on thedays or under a week, you could have your first
percentage and not the dollar amount. By that Imillion in around a year. Compounding or interest upon
mean that if you made a small investment and youinterest is an amazing thing and it is these "tip of the
got $20 dollars in interest in a few days, and theiceberg" nickel and dime profits on top of your main
return was 20% it is the 20% that is important andreturn that "ratchet" your results each time
not the $20 as little as it is.exponentially.