| Title | : | The Rule of 72 Explained: How to Double Your Money Every 5 Years |
| Lasting | : | 13.49 |
| Date of publication | : | |
| Views | : | 1,2 rb |
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Both of these stocks have a 10 year history of very high returnsbrbrCheck out the portfolio I built: m1finance/74rdRLQRuept Comment from : @trucleans-maidservice3630 |
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It's actually the "Rule of 69" but using 70 or 72 makes the calculation easier with some loss of accuracy - not good to decimal places This is continuous compounding but banks etc might apply less frequent compounding periods such as months or years Handy as a quick mental arithmetic method but don't expect this from investments! Comment from : @karhukivi |
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Your doing a wonderful job dude👍 Comment from : @Bdc_23 |
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Rule of 72 is an important rule for all investors! I needed a refresher on this though, glad i found this video Just subscribed! I look forward to more of your content! Comment from : @trevorhassel8296 |
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Rule 72 comes in handy when trying to calculate the doubling effect 👍 Awesome vid 👍😎 Comment from : @MRZEROTOINFINITY |
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All hail the dividend king! That was an awesome video I try to be conservative with my overall portfolio growth goal and hope to double it every 10 years (72/7) just based on average historical market growth Of course I want to beat that, but I try to keep the goal more conservative Comment from : @StockInvestmentAnalysis |
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