Oscar Wilde 1854 – 1900
This quote is from ‘Lady Windermere’s Fan’.
‘We are all in the gutter, but some of us are looking at the stars.’
‘Money can’t buy friends, but you can get a better class of enemy.’
Spike Milligan 1918 – 2002
Spike Milligan was a famous Irish comedian, writer, musician, poet, playwright and actor famously known for writing the hit radio programme, ‘The Goon Show’.
‘I told you I was ill’.
The inscription ‘I told you I was ill’ is the famous epitaph of Spike Milligan.
He died in 2002 at the age of 83. He had once joked that he wanted this phrase to be on his headstone, but the local diocese did not approve of it in English. So he had to write it in Gaelic, which is ‘Duirt me leat go raibh me breoite’.
‘To know what you know and what you do not know, that is true knowledge’.
This proverb is a quote by Confucius
It means that we should be: ‘humble and honest about our own knowledge and ignorance’.
Confucius was a Chinese philosopher who is traditionally considered the ‘most perfect’ of Chinese sages.
‘Among any three people walking, I will find something to learn for sure’.
This proverb is quote by Confucius
This proverb is attributed to Confucius, the founder of Confucianism. It means that we can learn from anyone, even those who are less knowledgeable or experienced than us.
Confucius was a Chinese philosopher who is traditionally considered the ‘most perfect’ of Chinese sages.
‘All animals are equal, but some animals are more equal than others’
George Orwell 1903 – 1950
This is the famous quote in the novel Animal Farm where it suggests ‘we are all equal, but some are more equal than others’.
Animal Farm is a fable by George Orwell that criticizes the corruption of power and the dangers of totalitarianism.
It appears in the last chapter of the novel, when the pigs have changed the original commandment of ‘All animals are equal‘ to justify their tyranny and privilege over the other animals. It is an example of how the pigs use language to manipulate and deceive the other animals, and how they betray the ideals of the ‘revolution’ that Old Major inspired.
Draw your own conclusions and comaparisons to ‘human’ behaviour…
I don’t care that they stole my idea . . I care that they don’t have any of their own
Nikola Tesla 1856 – 1943
This quote is attributed to Nikola Tesla, a Serbian-American inventor, engineer and physicist who is best known for his contributions to the development of alternating current electricity, wireless communication and radio.
‘A new idea must not be judged by its immediate results’
Nikola Tesla 1856 – 1943
This quote is attributed to Nikola Tesla, a Serbian-American inventor, engineer and physicist who is best known for his contributions to the development of alternating current electricity, wireless communication and radio.
‘In a time of universal deceit – telling the truth is a revolutionary act’
George Orwell 1903 – 1950
This quote is attributed to George Orwell, a British writer and journalist who is best known for his novels 1984 and Animal Farm, which are critical of totalitarian regimes and propaganda.
‘Two things are infinite: the universe and human stupidity; and I’m not sure about the universe.’
Albert Einstein 1879 – 1955
‘Be yourself; everyone else is already taken.’
Oscar Wilde 1854 – 1900
‘Be yourself; everyone else is already taken.‘ – This quote, which is credited to Oscar Wilde, tells us that we are unique and valuable and to be ourselves and not imitate others. You are original.
‘Before you become too entranced with gorgeous gadgets and mesmerizing video displays, let me remind you that information is not knowledge, knowledge is not wisdom, and wisdom is not foresight. Each grows out of the other, and we need them all.’
Arthur C. Clarke 1917 – 2008
Arthur C. Clarke, in full Sir Arthur Charles Clarke, (born 1917, Minehead, Somerset, England – died 2008 ). English writer, notable for both his science fiction and his nonfiction. His best known works are the script he wrote with American film director Stanley Kubrick for 2001: A Space Odyssey (1968) and the novel of that film.
“Success in creating AI would be the biggest event in human history. Unfortunately, it might also be the last, unless we learn how to avoid the risks.”
‘To live is the rarest thing in the world. Most people exist, that is all.’
Oscar Wilde
This quote, from Wilde’s essay, ‘The Soul of Man Under Socialism‘, suggests that most people do not live fully or authentically, but merely survive or conform to society’s expectations.
Are we restricted by society to conform? Do the rich conform less than the poor? Is it a foregone conclusion that the poor conform more?
Who’s voice is heard above the noise?
Compound interest is the eighth wonder of the world. He who understands it, earns it … he who doesn’t … pays it.’
Albert Einstein 1879 – 1955
Compound interest, an investors best friend
This is why? The concept is very simple.
Compound interest is simply interest added back to the original or principal sum and then more interest is earned or calculated on ‘that’ added interest over the next compounding period.
Like this…Year one…
Over a one year period: Take £1000 capital and add 5% interest (lucky if you can get it). That equals to £1050. That’s 1000 x 5% over 1 year = £1050.
Now this is the best bit…
Take your £1050 from the first year (original capital plus interest). Now, in year two it goes like this…
Year two…
Take the new value £1050 capital add 5% interest again (but this time it is added to £1050 not just the original £1000).
That’s 1050 x 5% equals £1102.50 we’re compounding the interest on the £50 earned in the first year as well as the original capital.
In the third year…
It will be £1102.50 x 5% = £1157.63 and so on.
You can clearly see why it is important to take advantage of compound interest. Leaving your money in a savings account right now with such low interest rates isn’t a wise option. But when/if you can find a sensible interest rate COMPOUND interest will be your best friend.
Don’t just take my word for it. Compound interest is in very good company.
Albert Einstein said this about it…
‘Compound interest is the eighth wonder of the world. He who understands it, earns it … he who doesn’t … pays it.’
He called it, ‘the greatest mathematical discovery of all time.’
Look at this table. It shows what £100,000.00 over 10 years will be worth if you add the interest back to the capital every year and compound it for 10 years.
Capital of £100,000.00 with 5% compound interest added over 10 year period
Start £100,000.00
Year 1 £105,000.00
Year 2 £110,250.00
Year 3 £115,762.50
Year 4 £121,550.63
Year 5 £127,628.16
Year 6 £134,009.56
Year 7 £140,710.04
Year 8 £147,745.54
Year 9 £155,132.82
Year 10 £162,889.46
Interest at 5% compounded over 10 years
Year 1 £5,000.00
Year 2 £5,250.00
Year 3 £5,512.50
Year 4 £5,788.13
Year 5 £6,077.53
Year 6 £6,381.41
Year 7 £6,700.48
Year 8 £7,035.50
Year 9 £7,387.28
Year 10 £7,756.64
Other types of interest are available – but compound is the best.
It’s time to compound your savings.
What are you waiting for… go do it now!