Double a Penny Everyday for 30 Days - Learn The Power of Compound Interest
Want to double your money in shortest duration, well you are at right place today we will share 10 quick way to double your money.
Time required to double your money depends upon return given quickest way to double your money riddle investment option.
What is Thumb Rule 72?
Rule 72 will gives you information about time require to double your money.
This rule says that divide 72 by expected annualize return and it will give you time when your money will get double.
Refer to following table to know time required to double your money for expected annualize return.
Also Read — 10 quick ways to double your money:- Risky Ways to double money 1.
Stock Market:- Stock market investment is one of the quickest way to double your money but stock market is double edge sword where you can earn lots of money as well as loss lots of money.
You have to be careful while selecting stocks for investment.
Stock market can give 0-100% return.
Small Business:- Becoming partner in small profitable business is another quick way to double money.
This option is quite risky, which can grow or blow quickest way to double your money riddle money.
You have to be 100% sure before investing any money in to business.
Small business can give 0-100% return based on various factors.
Also Read — 3.
Lending Money:- Another quickest way to double money is to third party money lending at higher rate of interest.
In this option you can double your money in 4-5 years.
Many people today are ready to take money at higher rate of interest.
From 2007 to 2012 quickest way to double your money riddle has given return in range of 22-24%.
From last one year or so gold lost it shine but we still believe that gold is good investment option which can double getting money from online casinos in shorter span.
Real Estate:- Real estate is another investment option which can double money in approximately 5 years.
From last one or two year real estate market is going down but soon real estate market will boost up.
Safe ways to double your money 6.
Mutual Funds:- Mutual fund investment is safe way to double money.
Good mutual funds can give return in range of 10-12% and double your money in 6-7 Years.
Make sure you select good bluechip or largecap fund for investment.
Company Fixed Deposit:- Company fixed deposit can give return from 11-12.
Also Read — 8.
Debt Based Mutual Funds:- Debt based mutual funds has yielded 9-11% in last 3 years.
Debt based mutual fund can double quickest way to double your money riddle money in 7 to 8 years.
Bank Fixed Deposit:- Bank fixed deposit offer return of 8 to 9.
Bonds:- Investment in bonds can give return of 8% and double money in 9 years.
Are you ready to double your money if yes follow the fastest way to double your money given above.
Do share with your friends help them to double their money!
Article by Raviraj is the man behind moneyexcel.
He is graduate in finance, engaged in blogging since 7 years.
Moneyexcel blog is ranked as one of the Top 10 Personal Finance Blog in India.
He is not affiliated with any financial click at this page, service provider, agent or broker.
The purpose of this blog is to spread financial awareness and help people in achieving excellence for money.
These should not be construed as investment advice or legal opinion.
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How To Double Your Money Fast
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