Investment Journal

Here's how the rule of 72 works

•Want to double your money?

•To figure out how much you need to earn each year compounded annually to make your money double, divide 72 by the number of years you plan to double it at:

3 years = 24.0%
4 years = 18.0%
5 years = 14.4%
6 years = 12.0%