Use the Rule of 72 The Rule of 72 is a well-known investment rule that allows you to easily calculate how long it will take your investment to double. Just divide your rate of return by 72 and the rule of 72 will tell you how long it will take. For example, if you have …
What is the least risky investment? For example, certificates of deposit (CDs), money market accounts, municipal bonds and inflation-protected treasury securities (TIPS) are among the safest types of investment. What type of investment has the least risk? The type of investment that usually carries the least risk is a savings account. CDs, bonds and money …
