The Rule of 72?

The Rule of 72, a staple in financial circles for estimating the amount of time required for an investment to double in value, is shown to be quite inaccurate at today's high rates of return. The derivation of the Rule of 72 provides insight into how the rule can be improved. A new rule of thumb, which provides a very high level of accuracy, is obtained by a simple regression

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Year of publication:	2014
Authors:	Spitzer, John
Other Persons:	Singh, Sandeep (contributor)
Publisher:	[2014]: [S.l.] : SSRN

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Extent:	1 Online-Ressource (3 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: Journal of Financial Counseling and Planning, Vol. 10, No. 1, 1999 Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments May 28, 2014 erstellt
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013053371