| Title | : | Investing For Beginners UK: DOUBLE Your Money with RULE of 72 ▶️ #shorts |
| Lasting | : | 0.47 |
| Date of publication | : | |
| Views | : | 39 rb |
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What about compounding? Comment from : @user-zy7yz4dc8e |
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I'd go 10 because of compounding Comment from : @jackmathieson1903 |
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Thanks Comment from : @Ultraviolet-26 |
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take me 1 to 1 and half years Comment from : @johnblaze4464 |
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Agreed! This is why I force this info into all my undergrad classes I teach Too important!! Comment from : @NolanGouveia |
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Another way to think about it is that It's just log(107)(2) which gives us 1025 years So it takes 1025 years to double any investment given a 7 annual return Although, I think 7 is a bit high and you'd he better off using 5, which would mean it will take you 142 years instead This ofc doesn't take into consideration any inflation Comment from : @hassan7569 |
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🤑👍 Comment from : @Eby_100 |
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I would rather buy cryptocurrencies Comment from : @DejamequeteCuenteUK |
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Love these shorts Ken! Please keep them coming! 👏🏼👍🏻 Comment from : @vattwal4176 |
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Sorry that totally didnt make sense to me at all 1k at 7 interest would take over 14yrs to reach 2K what am I missing? Comment from : @counteldamar5135 |
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Quality content as usual, love that white hoodie! Comment from : @Harnishchappy |
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I guessed correctly! Good to know! 🤩 Comment from : @saras4472 |
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