67 - The Rule of 72

Published: July 19, 2016, 5:12 p.m.

Here is an easy way to think about value investing: Investing is like going to a garage sale and buying a bike in perfect shape for $50 that you could have bought for $100 at the store. What you\u2019re buying is worth more than what you are paying. This week on InvestED we explain the difference between investing and speculation and why not everyone agrees on their definitions. We also dive deep into the Rule of 72 and teach you how to estimate your compounding rate of return. For show notes and more information visit www.investedpodcast.com\nLearn more about your ad choices. Visit megaphone.fm/adchoices