Cade on Entrepreneurship, Finance, Investing, and Health - Audio Feed of the Website

What is the Rule of 72? A Simple Definition and Examples [CadeHildreth.com — Audio Feed]


Listen Later

I love the Rule of 72 because it lets you do quick math in your head to determine how quickly an investment can compound (i.e., double or triple in value) over time.

What is the Rule of 72? Simply put, the Rule of 72 is a quick way to estimate the number of years required to double the value of an investment at an annual rate of return.

This method was first featured in the Summa de Arithmetica of Luca Pacioli in 1494, which is impressive. Pacioli suggested using this method for calculating the estimated time of doubling investment.

ABOUT THE PODCAST:

This podcast is an audio feed of the website, CadeHildreth.com, where you’ll learn what you SHOULD’VE been taught in school.

As an LGBTQ+ entrepreneur, real estate investor, former USA Rugby Player, and fitness enthusiast, Cade will teach you what your parents and teachers should have taught you but didn’t know themselves.

You'll learn how to increase your income, negotiate a raise, buy real estate, invest for cash flow, lose 10 lbs fast, reveal 6-pack abs, and so much more.

CONNECT WITH CADE:

Website: CadeHildreth.com

Instagram: Instagram.com/CadeHildreth
Twitter: Twitter/CadeHildreth
Facebook: Facebook.com/CadeHildreth
Pinterest: Pinterest.com/CadeHildreth

...more
View all episodesView all episodes
Download on the App Store

Cade on Entrepreneurship, Finance, Investing, and Health - Audio Feed of the WebsiteBy Cade