Read More: Rate of Return, Return on Investments, Bradford Pine Wealth Group, Build Wealth, Financial Education, Personal Finance, Money News
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?"
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.