Monday, February 09, 2009

Compound Money - Reinvest the Profits From Selling Body Lotion and Get Rich Quick

Okay, you found the perfect business, you are buying body lotion wholesale from a major company and you are reselling it at retail prices. Business is booming and you are feeling like a million bucks. If you want to have a million bucks in the bank, all you need to remember is compound money. Reinvest your profit that is the way you make the big bucks.

Here is a good example; you purchased twenty bottles of body lotion for three dollars a bottle. Your initial investment was sixty dollars. If you resold the body lotion for ten dollars a bottle, you received two hundred dollars. Two hundred dollars minus the initial investment of sixty dollars, means you made a profit of one hundred and forty dollars. In order to compound money, you will need to put sixty dollars in the bank or a safe investment and then use the remaining one hundred and forty dollars to purchase more body lotion.

When you sell all of that body lotion, put the initial investment from that deal into the bank and then reinvest your profit. When you do this, compound money will mount up fast and you will have big money in the bank before you know it. Find the right investment for that money and you will be rich before you know it.

Of course, when you are working to compound money, you will need to forgo using your profit for cars, or gambling in Vegas until you have your business established and big bucks in the bank. The idea behind compound money is to let your money work for you.

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