When we think about investments, a common question is how long it will take for our invested money to double. If you have had this thought, this infographic guide is for you.
Today, we will introduce you to the ‘Rule of 72’. It is an easy way to estimate how long it will take for your investment to double, helping you better plan for retirement or other financial goals.
Conclusion
The Rule of 72 is very useful for new investors. It easily explains how compound interest can rapidly grow your capital over time. However, use it only as a rough estimate. Always conduct thorough research before making any investment decisions to avoid increasing your investment risk.
This article is for informational purposes only. It is not investment advice.
Disclaimer: Teji Mandi Disclaimer
