What Is The Rule Of 72

Video Description

What is the Rule of 72? The Rule of 72 is a simple way to determine how long an investment will take to double given a fixed annual rate of interest. By dividing 72 by the annual rate of return, you can get a rough estimate of how many years it will take for the initial investment to duplicate itself. You can also reverse engineer the Rule of 72 by finding out at what growth rate will it take to double a certain metric of a fixed period of time. If you would like to start your own YouTube channel, join the waiting list here: http://bit.ly/YTWaitList JOIN THE WBF NEWSLETTER! 😍 https://bit.ly/WBFnewsletter -------------- GET 2.10% INTEREST WITH THIS SAVINGS ACCOUNT 🤑 https://bit.ly/citbanksavings -------------- FUNDRISE - Invest in Real Estate with just $500 🏠 https://bit.ly/FundriseWBF -------------- SCHEDULE A COACHING CALL WITH MARKO 🤝 https://bit.ly/MarkoCoaching -------------- BETTERMENT - Start Investing Today! 🤑 https://bit.ly/BettermentWBF -------------- FOLLOW ME ON INSTAGRAM 📷 https://www.instagram.com/whiteboardfinance -------------- Instrumental Produced By Chuki: http://www.youtube.com/user/CHUKImusic ABOUT ME 👇 My mission is to provide my viewers with actionable content that enables them to create financial wealth. My videos are a reflection of my real-world experience as a real estate investor, stock market investor, student of finance, and entrepreneur. This channel allows me to share my passion for personal finance, stock market investing, real estate investing, and entrepreneurship. I produce content that I would want to watch, and because of that, I give 100% effort in every video that I make. I also believe in complete transparency and open communication with my audience. Subscribe if you are interested in: #Investing #PersonalFinance #Entrepreneurship #StockMarket DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments. AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion.