The Rule of 72 - VERY IMPORTANT!
|
|
The rule of 72 states that dividing the interest rate into 72 yields the number of years for your investment to double. An investment of 3% yields a doubling period of 24 years, 6% yields a doubling period of 12 years, and 12% yields a doubling period of 6 years. Accordingly, a $2000 investment at 3% would double to $4000 in 24 years and $8000 in 48 years. A $2000 investment at 6% would double to $4000 in 12 years, double again to $8000 in 24 years, double again to $16000 in 36 years, and double yet again to $32,000 in 48 years.
A $2,000 investment at 12% will double to $4,000 in six years, $8,000 in twelve years, $16,000 in eighteen years,
$32,000 in twenty four years, $64,000 in thirty years, $128,000 in thirty six years, $256,000 in forty two years, and $512,000 in forty eight years!!! See the chart below.
Doubling rate of a $2,000 Initial Investment
Interest Rate : 3% 6% 12%
6 Years - - 4,000
12 Years - 4,000 8,000
18 Years - - 16,000
24 Years 4,000 8,000 32,000
30 Years - - 64,000
36 Years - 16,000 128,000
42 Years - - 256,000
48 Years 8,000 32,000 512,000
Where can you get a 12% yield?
The US stock market has yielded close to that since the early 1920s. Since investing in the stock market does involve risk in which you can lose your investment dollars, you should avoid putting all of your eggs in one basket. One of the lowest risk methods of diversifying your investment in the stock market is through mutual funds. See your investment professional for details.
|
Become a Millionaire on $1.56 per day?
|
|
It's possible! If you were to invest $1.56 per day ($46.80 per month) with a yield of 12% over a 45 year working career, you would accumulate $1,004,079.63!
Can you increase your income or reduce your expenses by $1.56 per day? Of course you can! Subscribe to our F-R-E-E newsletter in order to find innovative ways to M)ake, A)ccumulate, K)eep, and S)ave money! Click here for a FREE MAKSmoney Newsletter Subscription
|
The High Cost of Procrastination
|
|
Expanding on the above example, we've established that investing $46.80 per month at 12% over a 45 year working career yields $1,004,079.63 whereas the same amount invested over a 44 year period will yield $890,542.96. That's a difference of $113,536.68 for procrastinating one year which is 9,461.39 per month! Get started TODAY by subscribing to our F-R-E-E Newsletter! Click here for a FREE MAKSmoney Newsletter Subscription
|
The Ultimate Investment - Your Education
|
|
We have all heard the stories of poor people winning millions of dollars in a lottery only to be bankrupt a few years later. This is because they did not change the manner in which they handled their finances. They were in reality broke at a higher level.
No matter how successful we are, we can all improve the way we handle our finances. One of the best wealth coaches ever is Brian Tracy, and he is currently offering a FREE CD (you only pay S&H). Please Note:This offer may be withdrawn at any time without notice, so click on the link below NOW and take advantage of this sensational offer!
|
|
|
|