Rule 72 of Albert Einstein- when your money doubles

[Starmix]

Rule 72 was discovered by Albert Einstein and he considered it his greatest discovery, the E= MC2 ( Squared). You may have applied this. This is the best way to acquire wealth. You will know when your money doubles. Just take the number 72 and divide it by the interest rate you have to earn. That number gives you the approximate number of years it will take for your investment to double. The bank can't make it, only in your business. Try this Rule 72 and make an estimation of when you will become wealthy.

 

[Carson20t]

I understand perfectly well what you are trying to communicate but just to be sure i would have loved if you created an illustration model of what excatly a picture of what you have said looks like.Let us say someoe who earns $500 in a month and how they would know what their life will be when they retire in about 20 years from now.

 

[Sanjeev]

Thanks for sharing the information. I will apply it to know when I will be rich.

 

[Suba]

The formula E= mc2 is the energy and mass equivalence formula. if we apply this very simple formula to investments systematically the results will not be 100% accurate, on average bond interest is 8%. If you have $500 to become $1000, it will take you 72/8 = 9 years. (Too long). So in my opinion don't use interest as a divider but use a time target. For example, your money is $ 500 to become $ 1000, then you can set a time target, for example 6 years, the calculation is 72/6 = 12%. meaning you should look for investments that provide interest/yield 12% a year.

 

[cherry123]

There's are a lot of wise rules that can be adopted to help us with our financial life. This is a new one to me it worth the adoption.

 

[Starmix]

Thanks for sharing the information. I will apply it to know when I will be rich.

You can find the computation sample on the web, type Rule 72 of Albert Einstein.

 

[cherry123]

Thanks for sharing the information. I will apply it to know when I will be rich.

Stay tuned because you are becoming one sooner than you thought

 

[Starmix]

Stay tuned because you are becoming one sooner than you thought

This Rule 72 is so good to start for young individuals. I'll share it here the actual computations how to become millionaire thru the Rule 72.

 

[Shavkat]

Let me try this rule of 72. It is my first to know this. I hope you could give us how to compute it.

 

[Starmix]

Let me try this rule of 72. It is my first to know this. I hope you could give us how to compute it.

I'll share it to you tomorrow. It's so exciting to know when our money doubles :after 6 years, 9 years or more.

 

[cherry123]

Thanks for sharing the information. I will apply it to know when I will be rich.

I wouldn't mind being part of this as well. We all need to move and be as successful as we can.

 

[Enxx]

The formula E= mc2 is the energy and mass equivalence formula. if we apply this very simple formula to investments systematically the results will not be 100% accurate, on average bond interest is 8%. If you have $500 to become $1000, it will take you 72/8 = 9 years. (Too long). So in my opinion don't use interest as a divider but use a time target. For example, your money is $ 500 to become $ 1000, then you can set a time target, for example 6 years, the calculation is 72/6 = 12%. meaning you should look for investments that provide interest/yield 12% a year.

The formula might be working but I don't believe that. If I have $500, it will not take me 9 years to double it

 

[nomad]

I have heard of the rule of 72 but never tried to check when I will become rich.

 

[Starmix]

Try to Google search about this. I learned about this Rule 72 of Albert Einstein when I joined the International Marketing Group ( IMG) , the affiliated company of the World Financial Grop ( WFG)

 

[Stardom22]

This is quite stunning . Thanks for sharing this. I haven't thought about this before. I think the formula works wonders if handled well.

 

[Starmix]

It is so long to elaborate here unless I am writing a blog. Ru;e 72 is well-explained in the google library.

 

[Imran Noori]

Rule 72 was discovered by Albert Einstein and he considered it his greatest discovery, the E= MC2 ( Squared). You may have applied this. This is the best way to acquire wealth. You will know when your money doubles. Just take the number 72 and divide it by the interest rate you have to earn. That number gives you the approximate number of years it will take for your investment to double. The bank can't make it, only in your business. Try this Rule 72 and make an estimation of when you will become wealthy.

You are right, it only applies for business or investment profits.

 

[Starmix]

It applies when we get a mutual fund or get a short-term insurance policy. The bank never gives an interest that doubles according to age and interest.