Tag: Stock Market
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Rule of 72 – Explained
The Rule of 72 is a quick way to estimate how long it will take for your investment to double in value. It works by dividing the number 72 by the annual interest rate or rate of return of your investment. The result is the approximate number of years it will take for your investment…
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Credit Card Churning – Explained
Credit card churning is a strategy that some people use to take advantage of credit card rewards programs by signing up for multiple credit cards, earning the sign-up bonuses, and then cancelling the cards before the annual fees kick in. While credit card churning can be a lucrative way to earn rewards, it’s important to…
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11 things that Warren Buffett told that’s pretty evergreen
1. “Price is what you pay. Value is what you get.” 2. “Rule No. 1: Never lose money. Rule No. 2: Never forget rule No.1” 3. “Risk comes from not knowing what you are doing.” 4. “It’s far better to buy a wonderful company at a fair price, than a fair company at a wonderful…
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