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Podcast: The Chris Harder Show
Episode: How To Double Your Money Every 6-9 Years
Description: I’m sharing a quick financial rule called The Rule of 72 that I wish somebody would have not only taught me when I was younger, but shaken me by the shoulders and made me fully understand the value of this calculation. You can use The Rule of 72 to determine how quickly your money can double. It’s simple: take the number 72 and divide it by the rate of return you're getting on your investment, and it tells you what year it will double. Some of the greatest investment minds suggest buying mutual funds that invest in index funds. When you...