About Magical Penny

Welcome to Magical Penny, a blog written by Adam Piplica to help you grow your pennies. Thanks for visiting the site. I would really appreciate it if you would sign up for my free money tips that will allow you to join the Magical Penny community and have useful content sent directly to your inbox. I’d love for you to also send an email!

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What’s it all about then?

Investing. It’s an ‘alien’ word to all of my friends. If I hadn’t stumbled onto the topic online one lazy mid-week afternoon at university I could have so easily missed it too. And if I had, I would have been missing an incredible opportunity that most of my peers will let pass them by.

It all started on that lazy mid-week afternoon when I was mesmerised by the power of the exponential curve.

Learn to appreciate the curve

A journey to wealth begins with the first penny.

It was seeing that curve that inspired me to begin reading about the power of saving: allowing those savings to grow and then watching how the ‘extra’ growth begins to grow itself, ‘compounding’ itself. It dawned on me: The sooner I started, the further along that curve I would be. It was that simple. But when it came to finding a place to compound my pennies it wasn’t so simple after all. There were stock markets, pensions, annuities, life insurance policies, endowments, commodities, mutual funds and trackers. What were they? What did it all mean? What was best for me?! They didn’t teach me about any of this at school!

My view of the stock market, and that of my peers I imagine, was of a complicated market-place for rich people to fund expansion plans for high street brands or to ‘gamble’ their money on Internet companies that would then crash to zero:  A fair assumption given that we were children of the ’90s and adolescents of the early 2000s. Thankfully we were also the first generation of the Internet age and I began reading every I could get my globally-connected fingertips on: devouring everything the Internet had to offer on the subject of investing and the stock market. And soon, over time, I began to make a little more sense of it all.

The goals of Magical Penny

After 3 years of reading books, blogs and articles, and 2 years of hands-on investing with my own money I feel that there is a huge potential to break down the concepts of saving and the how-to knowledge of investing. It’s not hugely complicated but there is a lot of mis-information and half-truths surrounding investing. And the potential or real costs of getting it wrong are immense: one reason a lot of people shy away from the subject.

My intention for Magical Penny is to firstly ensure my readers really comprehend the power of the exponential curve when it comes to saving and investing. Then secondly, once we understand the implications, that we learn to develop strategies and implement them to grow our pennies to meaningful sums that can empower and transform lives.

If Magical Penny only achieves one thing,  however, it is to make  ‘investing’ a word less ‘alien’.

Grow your pennies.

Adam @ Magical Penny