An audio visual presentation of the Rule of 72
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.
I do not personally endorse the makers of this video (50 weeks.com) since I have not yet tried their service personally. However I just want to show you what the Rule of 72 is. 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 you would like to know more about the Rule of 72 and it’s application read my previous posts on the subject:
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[...] takes for your money to double. For more information on this you can read my blog post entitled “An audio visual presentation of the Rule of 72” and “The Magic of the Rule of 72” For a more practical application of the Rule of 72, read [...]