Everyone wishes to get great returns from their investment. People with almost no experience can now invest wisely in stocks and get 200 percent returns. Several tricks and techniques to double the money is sold by the so-called stock market experts. We have to admit that getting profitable returns from the stock market is not everyone’s cup of tea. However, you don’t need to be a veteran in stock trading to get excellent returns.
We need to ride the unexpected wave of crest and trough in the stock market. The stock market is volatile and can turn fortune within minutes. In a report released by Waco Tribune-Herald, the concept and idea of doubling your money originate from math. The report introduces us to a unique concept, namely, the Rule of 72. It is based on the principle of using maths to grow your money value within the minimum time frame.
The Rule Of 72 And Simple Math
According to the Rule of 72, if we divide 72 by the growth rate, the quotient will give us the number of years required to double our money. We can also converse this calculation and obtain the growth rate by dividing 72 by the number of years the money is expected to double. Different analyses are made on large sums of money to determine its time to fold them in value. This investment rule is existent in the trade market for years. The lower time for the money to be doubled implies a steep growth rate and vice-versa.
Time Is The Solution To Every Problem
We have heard sayings related to time; these hold in the trade too. All we need to double our money is time. The more time our invested amount invests in the stock market, the more return it will yield. We should not expect to get unrealistic returns in a concise time frame as that may involve something fishy. The average rate of return for long-term investments in the stock market stands at 10 percent at present. It can rile up to four or five times if we invest our money for a very long period.