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How to Double Your Money Using The Rule of 72

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The rule of 72 on the 4 investments, The higher the interest rate, the less time it takes for your money to be doubled
Comment from : @fatoumatamukelabai5878

This rule is working just if you are making a good investment which generates profits, but it's not useful if you are making bad decisions, but it's a good rule to understand the situation a little bit better, Thank you!
Comment from : @raulturturean2497

I gave up UPFs over a decade ago after a multitude of markers like cholestrol and triglicerides over the safe limit Now I eat only/mainly "single ingedient foods" Leans meats, fruit ,veggies ,olive oil,nuts and lots of seeds such as chia and basil I workout 4-5 times a week and at 47 years old Im lean and fitter than I'e ever been Even my doc is amazed I couldnt be happier I do not crave or miss UPFs at all Your taste buds get retrained to pretty much want foods thst nature intended you to eat Please give up UPFs, your body and health will thank you
Comment from : @bigdarshan

On average, the banks in the UK pay 5 interest on higher rate savings accounts Unfortunately the government take half of it in tax Meaning it will take over 30 years to double your money
Comment from : @bcarroll7317

Important video for the ppl out there
Comment from : @EmpreendexOficial

Rule 8 indicates you don't need a high IQ to be a good investor, just 2 qualities, self discipline and a lot of patience Investing is mostly about behavioral psychology How can I generate more income to retire with at least $3m for long term care?
Comment from : @oneillbilder

It's a common misconception that when a stock you buy skyrockets, the smart thing to do is sell it (or at least sell some of it) to lock in your profits But the context matters If the stock has increased sharply because the business is performing exceptionally well, it could still be a bargain I'm still looking for companies to make additions to my $350K portfolio, to boost performance Here for ideas
Comment from : @ChristopherAbelman

The rule of 72 has nothing to do with investment return This video talks like it’s how you double your money It’s a math problem to tell you how long it will take to double This video is misleading and BS
Comment from : @rgarri6396

I am present Thank youbr I am holder $bbribrIhsg idx and order
Comment from : @djakawitaya2195

Best investment ever would be buy an commercial property rent it out & property rate will hike up by the time too Use your rent for SIP or FDs whatever suits you
Comment from : @lokeshagrawal182

I can’t with the stock videos
Comment from : @durbanpoison031

Everybody thinks about what if it doesn't work outbrBUT What if it does work outbrbrEverything is impossible until it's possible!!brbrI'm definitely going to start taking risks The outcome may surprise each of us
Comment from : @curiousme8793

This is not true if you don’t have a black wife Good luck
Comment from : @AndrewJones-wy1hk

For anyone who wants to know "why 72?" the answer is 69 (point 3)brbrIf you have any amount and wish to double it at 1 per period of time, your amount will have doubled from your starting amount after 693 periods of doubling (natural log 2)brbrThe rule is 72 because though marginally less accurate it is easier to calculate in your head and approximates well
Comment from : @64bitAtheist

It will take a long time
Comment from : @andrewbrooks2001

Your calculation is wrong
Comment from : @Jagdishpokharna

I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my inherited portfolio of about $25m I’m used to just buying and holding assets which doesn’t seem applicable to the current rollercoaster market plus inflation is catching up with my portfolio I’m really worried about survival after retirement
Comment from : @kortyEdna825

Just sell tamales and champurrado and hide the monies from the simpletons govt😅😅😊😊😮
Comment from : @jacquelinebugaringonzalez4999

We’ll explain the rule of 72 3 minutes in, get a financial advisor to explain it to you Lol
Comment from : @TaylorOpee

I live in a least developed country Instead of spending my $200 salary on a car like many other do I put about 50 of it in fixed deposit accounts Only 5 years already have $10000 I'm aiming to reach $100000 before I reached the age of 50
Comment from : @kou6244

In 2024, Don't set new year financial goals without consulting a financial adviser Their expertise ensures a solid plan for success Building wealth involves developing good habits like regularly putting money away in intervals for solid investments
Comment from : @Raymondcraw1967RaymondCrawley

Are you people seeing dislike everytime? I'm sueing
Comment from : @Awabdanelthompsos

So why would I use the rule of 72 instead of going to savings calculator online ? In addition to doubling money, you can calculate any amount and any rate and even include how much you’re putting into your account monthly/yearly/daily/weekly
Comment from : @zarifshoeb

Yes but compound interest is better
Comment from : @NOBLEFILMS1987

What’s the sense of doubling your money when there will be nothing to spend it on?
Comment from : @yvonnecamacho9773

Understanding personal finances and investing will most likely lead to greater financial independence By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money A trader made over $350k in this recession influenced market
Comment from : @Raymondjohn2

Biggest lesson i learnt in 2023/24 in the trading market is that nobody knows what is going to happen next, so practice some humility and follow a strategy with a long term edge
Comment from : @ryanwilliams989

Interesting video; I wish I had more time for experimentation, but I'll be 50 by June, and I'm looking for ideas and suggestions on what investments to acquire to set myself up for retirement, especially with the looming inflation; my goal is to have at least $5 million by the age of 65
Comment from : @AugustoRosario22

With some REITs, you can receive monthly dividends My favorite REITs and ETFs are the ticker symbols STAG, O (Realty Income), and the ETFs SPLV and SPHD This way, you have a well-diversified investment and benefit from the long-term growth of monthly dividends You can view the dividends paid out under historical data on Yahoo FinancebrbrPlease consider that this is not financial advice
Comment from : @KarimMirhady

There are currently 29 stocks in India that are trading near their all-time highs and have gained between 1000 and 34000 percent in the last 3 years With the website "Investing," you can stay well-informed globally and have a good screener on how to double your money fast Please note that this is not financial advice
Comment from : @KarimMirhady

You can find dividend growth stocks and ETFs with the Market Chameleon Screener to double your money by reinvesting the dividendsbrbrPlease consider that this is not financial advice
Comment from : @KarimMirhady

Investing in alternative income streams that are independent of the government should be the top priority for everyone right now especially given the global economic crisis we are currently experiencing Stocks, gold, silver, and virtual currencies are still attractive investments at the moment
Comment from : @Derekhoffman312

How much money you doubled?
Comment from : @Joker3116

Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got talking about investment and money I started investing with $120k and in the first 2 months , my portfolio was reading $274,800 Crazy right!, I decided to reinvest my profit and gets more interesting For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family
Comment from : @Amelia-Elizabeth

After doing some calculations and using some economic data for real estate i found number 72 in the process, I’m going to be so rich through what I found
Comment from : @Alex-wf9uw

The S&P 500, if one sticks with it, outpaces inflation by many percentage points, and is a good place to grow money I just want my money to keep outgrowing the inflation rate That is why I'm looking for companies now to put in $80k for a start Just don't know how to proceed
Comment from : @cloudyblaze7916

Taking early notes from Warren as to the importance of sound asset diversification and risk management It can’t be overstated I’ve been trying to grow my portfolio of $300K for sometime now, I would greatly appreciate any other suggestions
Comment from : @JhonJhon-p1p

Thanks for your
Comment from : @توحید-ص7ص

My spouse and I are diversifying our long-term investment portfolio by adding various stocks and ETFs We've allocated $220k to begin with, focusing on inflation-indexed bonds and companies with strong cash flows I think the current market presents a good opportunity for long-term gains, but I'm also interested in learning ways to make short-term profits
Comment from : @ClementRusso2

Making money is all about hard work and apply your knowledge in the suitable business Thanks for giving us knowledge
Comment from : @MdJahid-x1t

Great video for those looking for a good stocks to start with id recommend 3m, apple , altria ,coca cola or pepsi
Comment from : @powermiller855

Making money is not the same as keeping it there is a reason why investments aren't well taught in schools, the examples you gave are well stationed, the market crisis gave me my first millions, people shy away from hard times, I embrace them well at least my advisor does lol
Comment from : @alexstevenm6414

individual stocks have been what has generated a good part of profits to my portfolio, I invested 80K in a diverse portfolio of stocks, ETFs, grade bonds & made about 390k in a couple of months, but guess what? I re-invested and it compounded even more, closing in a million soon My broker James Fletcher Brennan handles my investments and ensures i stay above the market
Comment from : @tonimhamilton2072

Inflation rate isn't actually the rate at which prices increase, it's the rate at which our money is becoming worthless and buys less every year Just sayin'
Comment from : @dave5185

Iv been using this rule of 72 since the early 80s From A L Williams investments, and Napoleon HillThanks
Comment from : @bser3973

The Federal Reserve regulates a high-risk and highly volatile asset class I don't want to use this as an analogy, but with the shuttle missions, part of the risk/reward equation that people understand is that there might end up being a Challenger mission or two in the first hundred flights Likewise, for a whole new class of financial assets developing at lightning speed, disaster can strike Regulating it too early (and too strictly) could stifle its development
Comment from : @kellychen4932

I’m 40, been maxing out my 401k, ira and hsa since I started working in 2009 This month I will crack the $1M mark I’m 100 in various blue chip stocks and ETFs from Vanguard My secret to saving money is, Avoiding debt, Cutting costs, i invest passively with my broker Susan Kay Mack, she handles my investments and ensures i stay above the market
Comment from : @ericwilde4583

As a beginner, I am aware that continuing to invest during periods of volatility can be a smart way to build wealth I’ve heard testimonies of people accruing over $250k this red period What measures can I take to ensure such aggressive returns?
Comment from : @carlocase8027

How can you use this rule with DRIP programs?
Comment from : @rjmiley4045

Money is worth 72 times less than it was 144 years ago, Gold and Silver on the other hand 😉
Comment from : @clubmusicnz

excelente video
Comment from : @cristianomatias4029

I'd rather trade the Crypto market as its more profitable I make an average of $15,000 per week even though I barely trade myself
Comment from : @segundoquesada3524

Interesting
Comment from : @stelarria

I want to start investing Is it safe to start now, or should I wait until the end of this possible correction/bear market, despite the economic crisis facing the world, is this the right time to invest in stock,Gold/crypto?
Comment from : @nancykirrean465

This is a great video I was not aware of the rule of 72
Comment from : @vvalasek

Thank you Very Informative Video
Comment from : @5966ramesh

Start at 1:12
Comment from : @No-Channel19

Is that you nilered?
Comment from : @amenskydumnezeusky431

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Comment from : @AnnaFed015

The stock market giveth and taketh away!
Comment from : @supersexycardboard682

I think 72 is one of those sacred numbers
Comment from : @alicia_nicole

i have been making losses trying to make profit trading crypto I thought trading demo account is just like trading the real market can anyone help me out or at least advise me on what to do?
Comment from : @michealwilliam4072

Is this somehow connected on how to calculate present value and future value?
Comment from : @fritzgeraldmariano8331

Amazing video and thank you for breaking it down!! Despite the economic downturn, I'm so happy 😊I have been earning $ 60,000 returns from my $7,000 investment every 12days
Comment from : @pamatkins-burdette9125

In 1904, Albert Einstein and Nathan Rosen developed a theory that particles, such as electrons, can be exchanged between two "wells" of potential energy When this occurs, the mass of the electrons is transferred to the higher potential well By increasing the mass of the electrons, the potential energy of the electrons is increased by the same amount Thus, the electrons can gain energy and pass from one well to anotherbrTherefore, in order to double your money, double your potential energy
Comment from : @TheShadowStitcher

Funny how this comment section has 72 comments 💜💛💯 QuAnt
Comment from : @Beeman2892

Nothing is right when u have a loser behind "chat_bubble To be bad, it is said about someone unlucky or about someone or something that brings bad luck"
Comment from : @Potencyfunction

I'm finishing the reading of the book Warren Buffet and it has several teachings about it, top content, looking for new followers, and relevance to our finance channel cool
Comment from : @OPENMINDINVESTIMENTOS

Thank you Excellent content Hope your channel grows 🙌🤘
Comment from : @Z32orDIe

Can this rule be applied to Cryptos using FTX app?🤔
Comment from : @josevillanueva2194

Great video Thanks for sharing
Comment from : @Moneydocfinance

Nice video
Comment from : @ommaykulsum1659

For anyone older than 10yrs just go and learn CAGR This is just an inaccurate approximation
Comment from : @kunalbiswas1267

I will forever be indebted to you you've changed my whole life continue to preach about your name for the world to hear you've saved me from a huge financial debt with just little investment, thanks so much Mrs Kristin Hartman
Comment from : @annabellthompson