The Rule of 115: If you're more inclined to triple your investment, because you're not as risk averse (or perhaps your time horizon is just a tad bit further out), simply divide 115 or 110 by your growth rate. This will give you the amount of time it will take to triple your investment.
Example: So, if you're getting a return of 10% per year, it will take about 11 1/2 years for your investment to triple in size.
This works for basically the same reason the Rule of 72 works, except that we're aiming to triple rather than double our initial investment.
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