Let's use the analogy of the «
penny a day doubled» WITHOUT and WITH capital gains taxes:
Not exact matches
To illustrate this, imagine that you have a
penny and it
doubles in value every
day for 31
days.
The astonishing thing isn't that they've plunged 81 % over those six trading
days, but that they had more than
doubled over the prior two weeks, and that they're still trading above
penny - stock status to begin with.
We all remember the story or have been offered as a child the option to work for a
penny a
day and have it
doubled every
day.
An anecdote by Julian, the mathematician, discusses the
doubling of
pennies every
day for thirty
days, and how there would be over «10 million dollars» by the end of it.
Family Picnic & Quiz Piggy Pairs Numbers Game Against the clock Squares Count Pyramid Puzzle (easy, Medium, Hard) Colour your own sums Counting the
Pennies Holiday Money Number Line Counting Let's use Tally (Farmyard Task) Time for Bingo (Bingo & Caller cards included) and the Subtraction workbook includes: Difference Dots Fruit & Vet Sale Less than 2 minutes Saturday Night Take Away Subtraction Squares (Easy - Medium - Hard) The Washing Line Lets Go Bowling Lets Bowl Game Subtraction in Space (Easy - Medium - Hard) Dice Cream Game Real Life Sums
Double Decker Bus Time For Bingo The Multiplication workbook includes a range of tasks and activities that works well with smart board or interactive technology... i.e King Fred the frog, Mum's shopping trip or even «a
day in the garden»... Functional Skills Challenge Workbook - Division will be available soon.
No?Well, before we go on to talk about this magical
penny, let me ask you a simple question and I want you to answer it honestly.Would you rather have $ 1 million or one
penny doubled every
day for 31 days?I'm going to bet that 95 % of you are going to pick the million dollars.
Given the choice to receive $ 10,000 each
day for a month, or a single
penny that
doubled in value each
day for a month, which would you choose?
Who knew that
doubling a
penny a
day could result in such a huge return.