personal finance

Rule of 72: Formula and Calculator

The rule of 72 is an estimate of how quickly an investment doubles. The formula is 72 divided by the interest rate. As returns increase, the years needed to double decrease.

Top 10 Investment Rules to Build Wealth

These top 10 investment rules are the path to build wealth. They are a simple but powerful way to save and invest. Here’s what really works in investing. Investing seems so hard and complicated. The media tell us constantly that it is too hard for the average investor. Investment professionals always make it more complicated and

Calculate Compound Annual Growth Rate (CAGR)

What is CAGR? CAGR is the measure of an investment’s growth over time. CAGR includes compound interest and is thus superior to average annual returns. Compound annual growth rate (CAGR) is the return required to grow an investment’s beginning value to its future value over a given number of years. There are four methods to

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