I have written extensively on the Rule of 72. I firmly believe that knowing this rule is important because it is the foundation of all financial planning. In order to further understand what the Rule of 72 is all about watch this short youtube video clip on the Rule of 72.
Knowing what vehicle of investment to use to get a higher interest rate in order to quickly double your money will be the subject of other posts. If have made a special highlight of this rule in my blog and subjected it to outdoor lighting so to speak. If you would like to know more about the Rule of 72 and it’s application read my previous posts on the subject: