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Lonnie Glosup
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Lonnie Glosup   My Press Releases

Getting The Rule Of 72 To Work Harder For You

Published on 1/11/2016
For additional information  Click Here

Getting the "Rule Of 72" to work harder for you can allow you to bend the activities of the financial markets more in your favor.

 

For years I have studied the financial markets and have been tempted to be a more active trader, yet anxiety has usually kept me on the sidelines.  The most risk I have been willing to accept until recently has been mostly in money market accounts and in a 401k account.  While those accounts have done reasonably well over the years, yet generally they have benefited from a "hands off" dollar cost averaging philosophy where I have added more funds over time and then left the accounts to be managed by the factors that affect the stock market.

 

Recently I was invited to give consideration to a different segment of the financial markets... and more importantly... a different way of handling the account activities.  This program is still in BETA testing mode, yet I have been very pleased with the results.

 

Many of you may be familiar with the Rule Of 72 that determines how long it takes a set amount of money to double in value.  

 

There are a number of variations to the rules that improve accuracy. For periodic compounding, the exact doubling time for an interest rate of r per period is

T = \frac{\ln(2)}{\ln(1+r)},

where T is the number of periods required. The formula above can be used for more than calculating the doubling time. If one wants to know the tripling time, for example, simply replace the constant 2 in the numerator with 3.

 

72 months / 6% = 12 years

 

This can be a helpful calculation for doing quick mental math of how quickly money can grow with fixed factors.

 

It makes it pretty clear that money currently being held in bank checking and savings accounts will take a long time to double in value based on the current prevailing rates!

 

To be clear, having a sufficent amount of readily available funds is important.  Yet those planning for economic and time freedom (however you define the ability to do what you want, when you want) it could be helpful for some portion of your money to be working a little harder for you!

 

I invite you to attend a webinar that will share information on a program designed to leverage timeframes with the intent to let your money grow faster.

 

The webinar is on January 12th (Tuesday) at 8pm Eastern Time Zone.  There is limited room so I encourage you to register as quickly as you can, and sign in 10-15 minutes ahead of the webinar's scheduled starting time.

 

 

 

Click the "webinar" link in the time information above or click the banner above to be taken to the registration page.

 

Regardless of whatever you do as your primary focus, the information provided in this webinar is intended to show you how you can possilbly accelerate achieving economic and time freedom.  Go ahead and click the banner now.

 

By the way, message me if you cannot attend the live webinar at the schedulced time and I will make arrangements to get a link to a recorded version of it to you.

 

OR watch this training presentation

 

 

 

 

 

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