Number of Years to Double= 72 ÷ Rate of Return
This is a quick screening method to know whether the investment suits your risk appetite. So, you do not have to dissipate energy digging deep when the payback period is unappealing to you.
Monday 16 July 2018
Double Your Money
Doubling your money might be a major headache to you. No worries, Rule 72 will do the magic. Assuming that you know the rate of return on any investment vehicle-interest rate on deposit, capital appreciation on sticks, and rental income-number of years to double your money is 72 divided by the rate of return.
Number of Years to Double= 72 ÷ Rate of Return
This is a quick screening method to know whether the investment suits your risk appetite. So, you do not have to dissipate energy digging deep when the payback period is unappealing to you.
Number of Years to Double= 72 ÷ Rate of Return
This is a quick screening method to know whether the investment suits your risk appetite. So, you do not have to dissipate energy digging deep when the payback period is unappealing to you.
Subscribe to:
Post Comments (Atom)
John Holt Plc: Trading At A Hefty Discount
Company Overview JOHNHOLT which began the business of distribution and exporting produce in Lagos in 1897 has grown to a conglomerate ...
-
It is probable that the expected return from an investment differs from the actual return. The investor has to contend with two major typ... -
The author, Farrah Gray, refutes the fallacies that serve as the biggest obstacles to success or wealth. Contrary to popular opinion, mon... -
Company Overview Ghana Milk Company Limited was established in January 1960 to produce and market milk products in Ghana. It went bankru...
No comments:
Post a Comment