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Rule of 72 - Quickly Determine How Long it Takes for an Investment to Double
W2 Capitalist | For Married, Busy Parents Side Hustling in REI
English - May 08, 2024 10:00 - 8 minutes - 7.81 MB - ★★★★★ - 156 ratingsInvesting Business Careers realestateinvesting capitalist legacywealth realestateinvestor Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Trick to Avoid the Shiny Objects
Hey there, podcast fam! Happy Wednesday! Today, we're diving into a topic that's often overlooked but super handy: the Rule of 72. Ever wondered how long it takes for your investments to double? Well, this nifty little rule has got you covered! It's as easy as pie: just take the number 72 and divide it by your annual interest rate, and voila! You've got the number of years it'll take for your investment to double. Sounds like magic, right? Tune in to this episode as we break down some calculations and demystify the Rule of 72. Trust us, you'll be thanking us later when you're doubling those investments like a pro!
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