The rule of 70 is a calculation that estimates the number of years it takes for investments to double in amount at a specific ...
Try measuring something with a body part, and you’ll quickly see the problem with rules of thumb. Yet when it comes to money, many people still rely on them. The phrase “rule of thumb” dates to the ...
If you've dabbled in investing, you've likely heard of the "Rule of 72." It's a back-of-the-envelope metric for calculating how quickly an investment will double in value. Most financial metrics are ...
Your asset allocation may be the most important decision you make as an investor. In fact, studies have found that asset allocation determines over 90% of the variations in portfolio returns. In other ...