What is a fair rate of return? How long until I double my money?
1. A fair rate of return is typically anywhere between 5-7% over time depending on your appetite for risk.
2. A great quick way to measure how long until you double your money is the Rule of 72. Just take 72 and divide it by your expected rate of return and that equates to how many years it will take you to double your money.
If there is a specific topic you would like me to cover please reach out at firstname.lastname@example.org.
I want this to be a community and would love to hear from you.
Check out our website http://www.kolinskywealth.com