It’s a Bird … It’s a Plane … It’s Compound Interest!

It’s a Bird … It’s a Plane … It’s Compound Interest!

The dwindling number of kids who still collect comic books have another reason to persist in the hobby after news that the first Superman comic book recently sold for a record $1 million. Of course, a combination of rarity and preservation is what delivered the big payday and few other books are likely to be worth anything close to $1 million. Furthermore, trying to get rich by purchasing collectibles is not generally the best path to wealth. What this story does illustrate is the massive power of compound interest and the opportunity to convey this information to young people effectively. Read this article for more details.

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