If you let your money sit in a savings account in Singapore, you could earn 1% to 3.80% in interest. However, if you invest your money in the right places, you could actually double your money. For example, according to a study by Futu Holding Limited, 18.8% of millennial investors achieved over 100% investment returns, and 1 in 5 millennial investors saw their position double. That’s all thanks to the power of compounding interest, or the Rule of 72 which is a formula that calculates how long it'll take for an investment to double, based on its rate of return. The formula for the Rule of 72 = Years to double your investment = 72/Interest Rate; where Interest Rate = Rate of return on an investment How long can it take to double your investments? Rate Of ReturnYears To Double Your InvestmentExamples1%72Standard Savings Account3%24Bonds9%8Stocks...