Double your Money in 7 Years – Golden Rule of 72

I wrote last week about How to Double your Money Every 7 Years, here’s more evidence of how and why.

Golden Rule of 72

There is the rule called the Golden Rule of 72 I want to introduce to you.  It explains how investing money can and will double in value from the original amount.  This rule is directly related to the rate of return the investment yields.  In the previous article, since we know the standard stock market rate of return of 11%, we take the golden rule of 72 and divide it by 11 and that yields an answer of 6.5455.  Basically, this tells us that the original money investment will double every 6.5 years according to the rule.  Basically, take your return and divide it by 11 and you will see how long it will take for your investment to double.

How to Double your $$Money Every Seven Years

Grow your money with Investing

This is 100% possible with the magic of compound interest and how if you start investing in almost ANY stocks early enough in life.  Almost any stock with enough time will increase in value.  It really does make the difference on your potential Return on Investment (ROI) between hundreds of thousands of dollars.  Yes, that’s right, I said hundreds of thousands could be the difference when starting your investment plan