Posted by Shane My > 2013-09-03 12:07 | Report Abuse
Hi inwest88, rule of 72 is used to calculate the number of years needed to double up your money based on a fixed rate of return. If we are trying to calculate the projected amount after 30 years for example, I don't think Rule of 72 can be used. Cheers
Posted by ipomember > 2013-09-03 12:10 | Report Abuse
nice one, understading it is important for everyone in managing their own money
Posted by inwest88 > 2013-09-03 14:25 | Report Abuse
Agree Shane. Anyway to compute over 20, 30 or 50 years just put in the formula in a worksheet and all the answers will be out.
No result.
1
Stock Market Enthusiast
PBBANK: Technical Outlook Suggest Target of RM5 (Uptrend but Overbought) - KingKKK
3
4
save malaysia!
5
M+ Online Research Articles
6
7
TA Sector Research
8
MQ Market Updates
#
Stock
Score
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock
Time
Signal
Duration
Stock
Time
Signal
Duration
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
inwest88
5,628 posts
Posted by inwest88 > 2013-09-02 21:26 | Report Abuse
detailed write-up but to simplify the computtation, why not use Rule 72.