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@MSEA_Kenya@HustlerFunds@CsChelugui https://t.co/AjYdxi29Qt
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@Sir_Shambala@AmosNdungu@skaroko@kijomba1 It is quite clear on the chart that there are deposits :) The chart's aim is to show how one can leverage the power of compounding & consistent deposits to grow their wealth over time. However, the compounding report allows you to adjust for nil deposits :)
@Sir_Shambala@AmosNdungu@skaroko@kijomba1 The Deposit column shows the assumed monthly contribution of "Y" while the rate of "Z" that was implied in this chart at time was 8.9% (which I then adjusted for WHT (7.6%) so as to create the table). The rate used is also net of management fees. Hope that helps :)
I have learnt to use my MMF as a personal Mobile loan fund. Anytime I have a shortfall, I take money from my MMF and payback with Shylock like interest. Has grown it surprisingly fast. Money that should have gone to safaricom for example. Think about it.
Use this to quickly find out when your investments will double in value.
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Also, get a BONUS formula to calculate when your investment will TRIPLE in value!
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