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275 - Megasode - The Greatest Hits
Maven Money Personal Finance Podcast
The Rule of 72 When It Comes to Your Investment Returns
The rule of 72 when it comes to how quickly does your money double? So you work out what investment return your money will get. You divide that number by 72, and that is how many years it takes to double your money. It also works the other way around: If you're only to get 3% return a year, so 72 divided by three, it takes 24 years for your money to double. And as we know, cash is poor par, certainly not king in long-term investment returns.
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