There is a rule in investing and portfolio management that every investor should learn on day 1: Rule 72.
If you make an average 10% return annually in the stock market, doubling your money takes about 7 years. You get the 7 years by dividing 72 by 10%. The 10% return is the average annual return of the S&P 500 index ETF in the last 30 years.
Are there practical ways not to gamble with our money and still accelerate the pace of doubling our portfolios?
In today's episode, I share three strategies we can adopt to double our portfolios FASTER than the average.
Resources:
📙 Get the complete list of High-Returning ETFs: https://stockcard.io/ideas/65145d7c11bec2e09b9fff00
5️⃣ Five Investing Myths To Avoid: https://youtu.be/M0pEOQvl_Gg?feature=shared
👉 Start Your Fundamental Research on Stock Card: https://stockcard.io/auth/signup
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