Maximizing The Rule Of 72 With These 5 High Yielders
Ares Capital(ARCC) Seeking Alpha·2024-01-25 12:08
fatido Rule of 72 is a simple concept, which allows investors to quickly calculate (and estimate) the number of years it would take for the portfolio to double given a certain level of annual return. The calculation is dividing 72 by the annual interest rate or yield, where the result indicates the number of years until portfolio value doubles. For example, if the yield is 3%, it would take a bit less than 24 years to see the capital doubling. Yet, if the yield is 10%, the number of years land at ~7.2 terri ...