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Rate of Return

Calculate How Long It Will Take To Double Your Money Using 'The Rule of 72'

Bradford M. Pine | Posted 05.20.2014 | Money
Bradford M. Pine

The Rule of 72 is one of those very simple and very useful tools that you can use in many aspects of your financial life. It is most often used to answer the question, "How long will it take to double my money?"

In a World Short on Miracles, The Power of Compounding Is Still One

James Berman | Posted 03.25.2013 | Business
James Berman

Even if you had invested 15 years ago, not long before the start of the greatest secular bear market since the Great Depression, you would have compounded money at 4.72 percent per year. This also would have doubled your money.