The Rule of 72 is used to estimate an investment’s doubling time. The number 72 is divided by the interest percentage per period to obtain the approximate number of periods (usually years) required to double your initial investment.This is a very simple and powerful tool to use to evaluate some of your investments.
Más populares
Profitable Oil Drilling Simplified
Oil drilling is an extremely lucrative operation for energy companies, and generates large profits for oil extraction companies yearly. Read this article to have...
Never Risk More Than One Third of Your Account Value
While it's believed that compound interest is the most powerful force in the universe, the concept rarely translates well to the world of leveraged...
10 Benefits of Having a 401K
There are a lot of benefits to having a 401k account. The ten listed here give good insight to how these accounts work and...
What Is Passive Income?
With all the people tired of working 9 to 5 shifts, passive income has become a popular option for many. The term has been...
How To Trade Gold Like A Pro
Gold price has been breaking record high and for the non-savvy investors, are you aware how to trade gold with an efficient method...
Prepare For a Market Correction
History tells us that over a long enough time span catastrophes are likely to occur. Fires, flooding, earthquakes - none can be prevented and...
Strategies For Becoming A Value-A-Bull Stock Investor
As stated in my previous post, different stock investment strategies could work, if implemented correctly. For today's article, I would like to elaborate on...
Why Wealth Creation Will Change Your Life
Some individuals spend years in school preparing for a specific career field where they hope to find a quality company and earn a significant...
Gold Fever Is About to Blast Off
You can't walk along Main Street or drive down a highway without seeing signs that say, "We buy gold and silver." With rising prices...
A Break From the Doom and Gloom: Pension Incomes Actually on the Rise
Whilst incomes are squeezed, pension incomes are on the rise in the UK. With interest rates so low and the economy still sluggish, those...
