Wednesday 3 April 2013

The Magical Rule Of 72

By applying the rule of 72,you will know the time taken to double your

money....


Case 1 ( FD )

       72         
   4%(FD)/yr       = no.of yr to double your money.

                           = 18 yrs.


Case 2 ( Investment )


         72            
    8% per mth      = no. of mth to double your money.

                            = 9 mths.


Its very obvious from the above,through investment your money will double up faster.

( Only if you know how to make consistent profitable trades)



( Just my 2 cent opinion )..


       

    

          

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