Kenny | Accent Investing on X: "By the age of 20, learn these financial rules to become wealthy in your 30s and 40s." / X
To view keyboard shortcuts, press question mark View keyboard shortcuts Messages Home Explore Notifications Messages Grok Lists Bookmarks Communities Premium Profile More Post Vyom Pathak @stancosmos01 Post See new posts Conversation Kenny | Accent Investing @AccentInvesting By the age of 20, learn these financial rules to become wealthy in your 30s and 40s. 4:29 AM · Oct 5, 2022 297 9K 42K 24K Post your reply Reply Kenny | Accent Investing @AccentInvesting · Oct 5, 2022 • Rule of 72 It calculates the number of years it takes your money to double, given a rate of return. You just need to divide 72 by the interest rate. If your investment returns 4%, it will take 18 years for your money to double (72/4 = 18). 13 151 1.9K Kenny | Accent Investing @AccentInvesting · Oct 5, 2022 • Rule of 114 It calculates the number of years it takes your money to triple double, given a rate of return. An investment growing at 7% will triple in about 16.29 years (114/7 = 16.29). 6 58 761 Kenny | A
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