Quote:
Originally Posted by justme8
How did Aaron Spelling get $500 million? I think they get more off movies and residuals than we know -- and with good investing .....
Compounded interest isn't known as the 8th wonder of the world for nothing!
|
Yes, I'm sure royalties play a big part in it. Spelling created many well-known and successful shows. He probably made a fortune in syndication fees.
And compound interest is truly a miraculous thing.
__________________
Steve
Join the 2009 Ebay Challenge!
* Despite the high cost of living, it remains very popular.
* Why should I pay for my daughter's education when she already knows everything?
* There are no shortcuts to anywhere worth going.