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The Rule of 72 And How It Affects Your Portfolio’s Value
By Investing Beanstock  •  May 5, 2021
Join My Tele Channel Here For Updates And More! Many times when it comes to investing, people are so harped on to the performance in % terms of how a particular stock or fund is doing, without considering the underlying risk to attain the % return and likewise, how many are “brainwashed” into thinking that 7% returns over the long run is enough to cover you through retirement or to reach your financial goals. Just how much return is required and what is considered a good rate of return? Enter the rule of 72. For those who have never heard of it, the rule of 72 is basically an easy way to determine how long a particular investment will take to double your initial capital. How do we make use of this rule? We simple take 72 divided by your annual rate of return and the answer will be how long it will take for your investment to double in value....
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By Investing Beanstock
Investing Beanstock incepted as a platform for me to share my knowledge on investing and personal finance. As investing is a long term process, just like planting a bean, it takes time and effort before it can grow exponentially and be rewarded like Jack (and the beanstalk).
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