The Rule of 72.

The Rule of 72, divide the number 72 by an investments expected annual return. The result is the number of years it will take, roughly, to double your money… At 10%, you could double your initial investment every seven years ( 72 divided by 10). (Investopedia).


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Finance: Advisory Fee:

Advisory Fee: The fee paid to an investment adviser ( portfolio manager) as compensation for managing a portfolio of securities. The fee is usually based on a percentage of assets under management or on an incentive schedule, providing compensation based on a comparison fund performance to a particular index or Read more…