{"id":10139,"date":"2017-04-24T10:58:11","date_gmt":"2017-04-24T14:58:11","guid":{"rendered":"https:\/\/www.duck9.com\/?p=10139"},"modified":"2017-04-26T18:57:30","modified_gmt":"2017-04-26T22:57:30","slug":"compounding-interest-in-life","status":"publish","type":"post","link":"https:\/\/www.duck9.com\/blog\/compounding-interest-in-life\/","title":{"rendered":"Compounding Interest in Life"},"content":{"rendered":"<div>\n<div>By Larry Chiang<\/div>\n<div><\/div>\n<div>Thank you for being a loyal reader. My latest installment comes from a radReads blurb from\u00a0<span style=\"background-color: rgba(255, 255, 255, 0);\">@CantHardyWait.\u00a0<\/span><\/div>\n<div><\/div>\n<div>It&#8217;s insightful because he can wait.<\/p>\n<table style=\"border: 1px solid black; padding: 8px;\">\n<tbody>\n<tr valign=\"bottom\">\n<td width=\"48\"><img decoding=\"async\" style=\"width: 48px; height: 48px; padding-right: 8px;\" src=\"https:\/\/pbs.twimg.com\/profile_images\/361307546\/larry-chiang9-duck9-business-card_normal.jpg\" \/><\/td>\n<td><b>CEO of Duck9, Larry (<a href=\"https:\/\/twitter.com\/6502838008?refsrc=email&amp;s=11\">@6502838008<\/a>)<\/b><\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\">\n<div><a href=\"https:\/\/twitter.com\/6502838008\/status\/856518515800526848?refsrc=email&amp;s=11\">4\/24\/17, 7:41 AM<\/a><\/div>\n<div>Delayed gratification<br \/>\nMarshmallow test. <a href=\"https:\/\/twitter.com\/search?q=%23ruleOf72&amp;src=hash\">#ruleOf72<\/a> = compound interest (<a href=\"https:\/\/twitter.com\/CantHardyWait\">@CantHardyWait<\/a>) <a href=\"https:\/\/t.co\/mRz9SiHbam\">radreads.co\/naval-ravikant\u2026<\/a> <a href=\"https:\/\/t.co\/DdIPxz2McB\">pic.twitter.com\/DdIPxz2McB<\/a><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<div><\/div>\n<p>Best indication of a high FICO score is the\u00a0<span style=\"background-color: rgba(255, 255, 255, 0);\">Marshmallow test. Can you wait to eat a\u00a0Marshmallow when two will be given to you later is the infamous\u00a0<i>Marshmallow Test<\/i>.\u00a0<\/span><\/div>\n<div><\/div>\n<div><img decoding=\"async\" id=\"1F05F707-85F7-4B66-A9B0-437C3ABDB688\" src=\"https:\/\/www.duck9.com\/wp-content\/uploads\/2017\/04\/image2-31.jpg\" alt=\"image2.JPG\" \/><br \/>\n<span style=\"background-color: rgba(255, 255, 255, 0);\"> 72 divided by the interest rate is the time it takes for principal to double.\u00a0<\/span><\/div>\n<div><\/div>\n<div><a href=\"https:\/\/twitter.com\/download?ref_src=MailTweet-iOS\">Download<\/a>\u00a0\u202a#ruleOf72 over on Twitter to read about the Rule of 72. <span style=\"background-color: rgba(255, 255, 255, 0);\">\u00a0<\/span><\/div>\n<div><\/div>\n<div><span style=\"background-color: rgba(255, 255, 255, 0);\"><a href=\"https:\/\/twitter.com\/search?q=%23ruleOf72&amp;src=hash\">#ruleOf72<\/a>\u00a0<\/span>= compound interest. If the interest rate is 1000%, it takes about 5 minutes for one marshmallow to become two marshmallows.<\/div>\n<div><\/div>\n<div>72 divided by the interest rate is the time it takes for principal to double. (@CantHardyWait) <a href=\"https:\/\/radreads.co\/naval-ravikant-on-ego-reading-mindfulness-the-meaning-of-life-7e2d4b344a01\">https:\/\/radreads.co\/naval-ravikant-on-ego-reading-mindfulness-the-meaning-of-life-7e2d4b344a01<\/a><\/div>\n<div><\/div>\n<div><img decoding=\"async\" id=\"7917ECC4-BE7A-4E15-92F9-0745D406371C\" src=\"https:\/\/www.duck9.com\/wp-content\/uploads\/2017\/04\/image1-1.png\" alt=\"image1.PNG\" \/><\/div>\n<div><span style=\"background-color: rgba(255, 255, 255, 0); color: #000000;\"><a style=\"background-color: rgba(255, 255, 255, 0);\" href=\"https:\/\/twitter.com\/CantHardyWait\">@CantHardyWait<\/a>\u00a0stated&#8230;<\/span><\/div>\n<div>Avoiding short-term thinking &amp; dealing: all benefits in life (money, stockholders equity growth, relationships, love, health, habits come from compound interest.\u202c<\/div>\n<div><\/div>\n<div>\n<span style=\"background-color: rgba(255, 255, 255, 0);\">Sent from my iPhone 8 that Steve Jobs texted me at (two iPhone 4&#8217;s where @6502838008 texted back and forth \ud83d\ude42<\/span><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>By Larry Chiang Thank you for being a loyal reader. My latest installment comes from a radReads blurb from\u00a0@CantHardyWait.\u00a0 It&#8217;s insightful because he can wait. CEO of Duck9, Larry (@6502838008) 4\/24\/17, 7:41 AM Delayed gratification Marshmallow test. #ruleOf72 = compound interest (@CantHardyWait) radreads.co\/naval-ravikant\u2026 pic.twitter.com\/DdIPxz2McB Best indication of a high FICO score is the\u00a0Marshmallow test. Can [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-10139","post","type-post","status-publish","format-standard","hentry","category-treasure-management"],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts\/10139","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/comments?post=10139"}],"version-history":[{"count":0,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts\/10139\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/media?parent=10139"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/categories?post=10139"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/tags?post=10139"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}