New Delhi, Aug. 13 -- For most investors, amassing wealth to meet their goals is important, be it increasing your net worth, creating a good retirement fund, funding your or your children's education, building a wedding fund, and more. However, most may not know where to begin, or how.
To guide in this, we bring you a simple do-it-yourself (DIY) rule of thumb known as the "Rule of 72".
The 'Rule of 72' provides investors a basic calculated estimate of how many years it would take to double your money in any particular investment tool. The maths is simple: Divide the rate of returns by 72, the answer is the number of years it would take you to to double your investment in that particular instrument.
According to Investopedia, The Rule o...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.