That said, doubling your money is a realistic goal that an investor should always aim. Broadly speaking, there are five ways to get. Which you choose ot largely on your appetite for risk and your timeline for investing. When it comes to the most traditional way of doubling your money, that commercial’s not too far from reality. The time-tested way to double your money over a reasonable amount of time is to invest in a solid, non-speculative portfolio that’s diversified between blue-chip stocks and investment-grade bonds. It won’t double in a year, it almost surely will eventually, thanks to the old rule of The rule of 72 is a famous shortcut for calculating how long it will take for an investment to double if its growth compounds. Just divide your expected annual rate of return into The result is the number of years it will take to double your money. Dividing that expected return into 72 indicates that indoa portfolio should double every nine years. That’s not too shabby when you consider that it will quadruple after 18 years.
Ways to double your money. An investor keep thinking about the returns he is expecting from a stock market, mutual funds, fixed income investment options, etc. The period that would take to double your money depends on the returns expected from the investment option. What is Thumb rule 72? Thumbrule 72 specifies that an investment period required to double the money would be derived if you divide 72 with the annualized returns you are expecting. There are various ways to double your money. However past performance may or may not be repeated in the future, hence, an investor need to be little cautious before taking the investment decision. Best way to double your money — 3 to 5 years time frame: There are various investment options which can double in 3 to 5 years investment time frame. Investing in Pharma sector mutual funds can double your money in 3. However some investors are little cautious that this should be looked as investment for long-term as there could downside for short term. Your money would be doubled in 5 to 6 years time frame if you choose this as investment option. Your investment would be doubled in 6 years time frame. Shiriram NCD , would be a good investment option. To double your money, it would take years time frame. Hence investing in such bank fixed deposits would make your money double in 8 years period. You can double your money in 9 years time frame. Conclusion : There are various best investment options to double your money. Based on the risk appetite and the investment time frame, choose a good investment option.
Understanding Chaikin Money Ondia Index. Investors pour money into arbitrage funds. Foreign companies will be taxed for money earned by Indian ho. Am I allocating money to the right mutual funds? All rights reserved. For reprint rights: Times Syndication Service. Personal Finance News. Market Watch. Pinterest Reddit. By Narendra Nathan. Sanket Dhanorkar. Babar Zaidi. There was a lot of ups and downs in and you won’t be wrong in saying that it was one of the most eventful years we have seen in recent times.
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