Next video:
Loading the player...

Learn more about this quick approximation that can determine roughly the number of years it'll take your money to double.

Related Articles
  1. Investing

    5 Top Ways to Double Your Investment

    From risky maneuvers to slow-and-steady strategies, we look at five methods to double your money.
  2. Investing

    How To Double Your Money Every 6 Years

    Investing according to the rule of 72 is a good starting point for achieving your saving goals.
  3. Investing

    Look Smart: Financial Calculations You Can Do In Your Head

    Ditch your financial calculator and use these handy tips for estimating complex financial calculations on the fly.
  4. Investing

    Volume

    Learn about this measure of stock activity and how investors use it to determine trading opportunities.
  5. Investing

    PEG Ratio

    Learn more about how this ratio is used to determine a stock's value based on its earnings growth.
  6. Financial Advisor

    Understanding Net Present Value

    Learn how this value is used to determine the worth of a project.
  7. Financial Advisor

    Management Expense Ratio

    Learn more about this money management fee and how it affects your mutual fund returns.
  8. Financial Advisor

    5 Ways To Trick Yourself Into Saving Money

    America is saving 6.4 percent of its money -not bad, but we would all like to do better. Here are five simple ways to trick yourself into saving money.
  9. Investing

    What Are Quick Assets?

    A company’s quick assets can be easily converted into cash.
  10. Insights

    London Interbank Offered Rate (LIBOR)

    Learn more about this rate which banks use to determine the amount of interest to charge other banks.
Hot Definitions
  1. Free Carrier - FCA

    A trade term requiring the seller to deliver goods to a named airport, terminal, or other place where the carrier operates. ...
  2. Portable Alpha

    A strategy in which portfolio managers separate alpha from beta by investing in securities that differ from the market index ...
  3. Run Rate

    1. How the financial performance of a company would look if you were to extrapolate current results out over a certain period ...
  4. Hard Fork

    A hard fork (or sometimes hardfork) is a radical change to the protocol that makes previously invalid blocks/transactions ...
  5. Interest Rate Risk

    The risk that an investment's value will change due to a change in the absolute level of interest rates, in the spread between ...
  6. Ethereum

    Ethereum is a decentralized software platform that enables SmartContracts and Distributed Applications (ĐApps) to be built ...
Trading Center