A review of the Rule of 72
Money Reporter •2021-08-25 •
This refresher is designed to both promote the use of, and inject a little sanguinity into, the Rule of 72.
Here’s a little refresher on the Rule of 72. It’s called Read More
This handy rule provides a speedy method of determining the amount of time required to double your principal at a given rate of compound interest. Simply divide the number 72 by the annual return expressed in percentage form. The answer is the number of years required for the principal amount to double. For example, a security yielding 8% compounded annually, assuming no capital gain or loss, would double your principal in 9 (72÷8) years.
Money Reporter •2021-08-25 •
This refresher is designed to both promote the use of, and inject a little sanguinity into, the Rule of 72.
Here’s a little refresher on the Rule of 72. It’s called Read More
The Investment Reporter •2021-02-18 •
Now is as good a time as any to make changes in your investment program. Take a close look at your investment portfolio, and you may find some improvements are Read More
The Investment Reporter •2021-01-12 •
Now is as good a time as any to make changes in your investment program. Take a close look at your investment portfolio, and you may find some improvements are Read More
Canadian Mutual Fund Adviser •2013-11-15 •
Canadian Mutual Fund Adviser, MPL Communications Inc.
133 Richmond St.W., Toronto, ON, M5H 3M8. 1-800-804-8846
Stephen Poloz, governor of the Bank of Canada, has painted a gloomy picture of the Canadian economy Read More