This is short video on how to double your money and how long does it take for money to double it self with you basically doing NOTHING. Its all about complex mathematical formula of compound interest BUT many people believe that Albert Einstein created a rule of thumb formula called "The Rule Of 72" which means that you divide your annual interest rate and divide number 72 with it and you will get rough estimate how long it will take to double your money with that particular investment. In this video we go over that and few examples on a compound calculator.
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Retail Investing & Trading channel is the place to be if you ever wondered what a professional day trading really is and how a retail trader approaches the market every day. Its also the place where that same trader will be covering some of his other, different ideas about stock market, life, wealth creation and passive income. Hope you enjoy the content.
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DISCLAIMER: I am not financial adviser of any kind. All of my videos are for educational purposes only and are not financial advise nor should you listen for what I am saying and blindly follow it. You should do your own research before taking any actions in terms of investing and trading. Obviously, investing and trading of any kind involves significant risk and may not be suitable for everybody. Your investments and trading actions or any actions of any sort are solely your responsibility. I am merely sharing my opinions on stocks and markets in general as I see it. It is imperative that you conduct your own research before taking any action whatsoever. My recommendations are not guarantee of any gains or losses on the investment.
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