Discover and read the best of Twitter Threads about #personalfinacne

Most recents (1)

Top 8 Outstanding #PersonalFinance Rules will save you 💹 4X more Money.

1. Rule of 72 - (2X your Money)
2. Rule of 114 - (3X your Money)
3. 40% EMI Rule
4. 3.4 Cr Retirement Rule
-
-
& More [A Thread]👇 ...

#money #investing #moneyrule Image
1/ Rule of 72 📌

This rule will tell you how much time it takes to 2X your Investment.

By dividing the number 72 by the annual rate of return

➡️ Investment - 2 Lakh
➡️ Rate - 6%
➡️ Divide - 72/6 = 12 Yrs.

Your Rs 2 lakh will become
Rs 4 lakh in 12 years.
2/ Rule of 114 📌

Same this Rule will tell you how much time it takes to 3X your Investment.

➡️ By dividing the number 114 by the annual rate of return

You can use the above method for calculation.
Read 11 tweets

Related hashtags

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!