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OTW News

OTW News

Bubbles: We learn nothing from history – Let’s look at Bitcoin

Bubbles: We learn nothing from history – Let’s look at Bitcoin Rather than write some words– as they say "A picture paints a thousand words" Main stages in a bubble   Gouda Tulip Bulbs   South Sea Stock (December 1718 - December 1721)   Bitcoin's 1,034% run-up this year compared to decade-long trends in other [...]

Understanding compound interest

At OnTrack Wealth, we could not think of a better first up article than giving you some examples of the power of compound interest. The trick is to get this working for you and not against you. What do we mean “against you”? Consider this:- Let’s say you’re carrying a balance of $1,000 on a […]