How long to double money? | Rule of 72 | Easy Wealth Building

Описание: How long to double money? | Rule of 72 | Easy Wealth Building

How about double your money without adding more money? How about double your money without working for money? Rule of 72 calculates how long to double your money. Rule of 72 also calculates how many double money cycles needed for you to be a millionaire. Rule of 72 can predict how long to halve your money at X% inflation rate if you do not invest your hard-earned money.

Test question of the day: how long to double your money at an average growth rate of 10%, assume your initial investment is $10,000?

In today's video, you will find answers to all these double money questions. Investing doesn't have to be hard, so as to double your money. Rule of 72 is the key to these money double questions.

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DISCLAIMER: I am not a financial or investment advisor, brokers or dealers. I do not give any financial or investing advice. I am not here to tell anyone where to or how to invest their money. Investing is risky. You must do your own research and due diligence and consult a financial advisor or a tax professional before investing. I make videos merely to share my own opinion and experience with no guarantee of gains or losses on investments.