Mathematical fact

[Wizard]

If your portfolio increases 10% every month in 2 years(24 months) you will have a gain of 1000%! If u have R10000 initial capital in 2 years it will be R100000 in 4.a million and in 6.10 million>>>Then u go on a holiday! JHB > CT one way ticket.

[louisg]

Take R100 000 and double it ten times. You get R100 000 000 and change(one hundred million) ie. R200 000>R400 000>R800 000>R1 600 000 .......=R102 400 000. The power of compounding. Einstein called it the eighth wonder.

[Marko_1]

Basics Rule of 72
Using the Rule of 72 When the Rate of Return is Known
An investor that knows he can earn 12% on his money may ask the question,
"how long will it take to double my money at this rate of return?".
Using our handy Rule of 72, this is a snap to calculate!
Simply divide the magic number (72) by the investor's rate of return (12).
The answer (6) is the number of years it would take to double the investment.

Using the Rule of 72 When the Number of Years is Known
The Rule of 72 can also be used backwards.
An investor that wanted to double his money in a certain number of years
could use the rule to discover the rate of return he would have to earn
to achieve his goal.
A businessman that wanted to double his money in four years, for example,
would divide 72 by four.
The result (18%) is the after-tax compound annual rate of return
he would have to earn to meet his goal on time.
see http://beginnersinvest.about.com/cs/21jumpstreet/a/012501a.htm

[#4]

Thanks Marko. This is very interesting.

[mightymouse]

i read up on this rule,i like it.its easy. is there any rule out there to work out direction of forex-besides pivot points ,etc.

[kr_pto]

dont forget the taxman boys. he's gonna be wanting his share for sure.