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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