7 Ways to Double Your Money (Fast)
7 Ways to Double Your Money (Fast)
Jul 22, 2020
entrepreneur.com
How fast can you double your money? There’s a simple rule financial experts swear by — the Rule of 72. Just divide 72 by the rate of return. At 6%, it takes 12 years to double your money. At 8%, it’s 9 years. But… why does it work? 🤔 If you’ve ever wondered how compound interest *magically* makes your money grow faster, the Rule of 72 holds the answer. In this video, we use the simple idea of compounding and some basic arithmetic to show why the Rule of 72 works. 🚀💰 How long does it take for
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