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How do you turn a penny into a million dollars? Try Roth IRA accounts


Column by Adam French Suppose I gave you these scenarios to choose from: either I give you $1,000 today, no questions asked, or I give you a penny today, double it tomorrow to two pennies, and continue to double my gift to you every day for a month.  Most people – without thinking – easily choose the $1,000 gift on the first day of the month due simply to the fact that it sounds like a much better deal. The initial payment of $1,000 seems vast compared to an initial payment of a penny, regardl

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How do you turn a penny into a million dollars? Try Roth IRA accounts

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