Thu, 18 August 2022
In this episode, Travis explains the rule of 72, which helps investors to predict approximately how long it will take them to double their money in an investment. He provides the formula and shares why the rule of 72 is important for both active and passive investors, providing examples to illustrate how it’s used. He also invites listeners to reach out to him on social media for access to his free financial independence calculator.
Passive Investor Tips is a weekly series hosted by full-time passive investor and Best Ever Show host, Travis Watts. In each bite-sized episode, Travis breaks down passive investor topics, simplifying the philosophy and mindset while providing tactical, valuable information on how to be a passive investor.
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Direct download: JF_2907_Passive_Investing_Tips_6_.mp3
Category: -- posted at: 3:00am EDT