The Rule of 72 is a simple yet powerful tool for estimating how long it will take for an investment to double at a given annual compound interest rate. By dividing 72 by the interest rate, investors ...
The Rule of 72 is a simple mental math trick that tells you roughly how long it will take for your money to double. Just divide the number 72 by your expected annual rate of return, and voila! You ...
When it comes to personal finance, simple tools often have the biggest impact. One such tool is the Rule of 72, a quick calculation method that helps you estimate how long it might take for your money ...
You don’t need a finance degree to figure out how long it’ll take to double your money as an investor. The Rule of 72 offers a quick shortcut to estimate growth based on interest rates or, on the flip ...
Growing up, I never really understood why my grandparents became so obsessive about money, how much they saved, and how much they were worth, but it was clear they were quite obsessed with money. Now, ...
Rule of 72, 114, and 144 for investment growth, Rule of 70 for inflation, 110 Rule for asset allocation, and 3-6 Rule for ...