Like many other young adults, I was clueless about the world of investment. All I have heard was that investment is one of the few ways to grow our wealth significantly over the next few decades.
The rule of 72 states that the amount of time to double your money is derived by dividing 72 by your rate of return. For example, if your investment generates 12% a year, it will take you 6 years to double it.[Read more…] about How I got started in investment