Embracing Stock Market Drawdowns and Oil Stocks
The Canadian Investor
00:00
How Long Will It Take to Double an Investment?
The rule of 72 is just the rule of thumb that investors can use to estimate how long it will take an investment to double. It's a good little rule thump to think about, like how rate of return effects like payback period,. If you want to know the odds of hitting, you know your cards on the turn and river. So from the flop to the turn, times two, and i'll give you the approximate odds.
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