The Rule of 72 is a simple formula that helps you estimate how long it takes for an investment to double based on its annual rate of return. By dividing 72 by the return rate, you can quickly gauge the time needed for your money to grow, empowering you to make informed financial decisions.
Tag: Investment tools
Investing 101: Managing and Monitoring Your Portfolio (#8)
Effective portfolio management involves regular rebalancing, risk management, tax efficiency, and market monitoring. Learn how to align your investments with your financial goals for long-term success.
