The Impact of Doubling Your Money – The Rule of 72

The Rule of 72 Given an expected rate of return you can simply divide that number by 72 to determine the approximate years it will take you to double your money. Eg Expected rate of return is 10 72/10 = 7.2 years to double your money Expected rate of return is 20 72/20 = 3.6…

The Power of Compounding

I wish I had understood the power of compounding better when I was in my early 20’s. These are 15 years of compounding I’ve have lost and cannot get back. I’m sure most people know what compounding is but very few people understand it’s significance over 20-30+ years of investing. Albert Einstein considered compounding to…