The Rule of 70 and the Rule of 72 are two popular shortcuts that can help investors quickly estimate the doubling time of an investment. These rules are particularly useful for grasping the potential ...
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What Is the Rule of 70 and How Do Investors Use It?
The rule of 70 is a calculation that estimates the number of years it takes for investments to double in amount at a specific, constant rate of return. It is frequently used when comparing investments ...
Doubling your money sure has a nice ring to it. But how long does it take? It can take around 10 years if you invest in stocks based on a historical average return of 7 percent. If you had invested in ...
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Rule of 72 explained: estimate how fast money grows
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 ...
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