Allow your money to work for you.

Dr Friday Ojeaburu
2 min readFeb 23, 2021

--

The power of multiplication is many times described as repeated addition. An example is the product of 5 x6 =6+6+6+6+6=30.

But there is one that is better.

The power of duplication means the process of duplicating something. Many entrepreneurs have used this principle to attain financial freedom.

Example is

Day 1 $5

Day 2 $10

Day 3 $20

Day 4 $40

Einstein called this power of duplication the ‘EIGHT WONDER OF THE WORLD‘

Financial freedom is when your money works for you. Financial freedom is when you impact your world with what you have.

Money is just a paper or coin in your hand. Until you duplicate the money in your hand, it will remain just a paper or coin and lose value due to inflation.

Anyone that obeys investment obeys the law of duplication. One way to maintain capital appreciation is to invest to accumulate wealth.

Someone who invests part of his or her savings to earn a return obeys the law of duplication.

Someone who saves at least 10% of his or her income for the future obeys the law of duplication.

Someone who invests in human capital is investing for the future obeys the law of duplication.

Rich people in the world today invest in various assets.

  1. Elon Must invest in Bitcoin. His company made about $1 billion on a $1.5 billion Bitcoin investment.
  2. Jeff Bezos has invested approximately $3.5 billion to date.
  3. Mark Zuckerberg has invested in the following companies Instagram ($1 billion), WhatsApp ($19 billion), Oculus VR ($2 billion), LiveRail ($500 million) etc.

Conclusion

Invest to accumulate wealth.

--

--

Dr Friday Ojeaburu
Dr Friday Ojeaburu

Written by Dr Friday Ojeaburu

Content creator, data analyst, financial expert, author, Power BI , Python and SQL expert.

No responses yet