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Use Rule 72 To Calculate The Time Your Investment Has Doubled

The Four Steps To Financial Freedom - Sean Toh
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Step1 - The road to financial freedom is to have great health so that you are in good shape to learn.

 

Step 2 - An open mindset to start learning and practicing what you have learned.
Step 3 - Investing your time in your financial & health education so that you are in control of your life to create wealth to enjoy a better life.

 

Step 4 - Enjoy the wealth that you have created because you have been taking care of your health.

4 Steps To Financial Freedom (2007 edition) Sean Toh

4 Steps To Financial Freedom reveals the philosophies and secrets of Sean Toh's financial journey in creating wealth for himself. Here you will learn proven principles and timeless wealth building techniques, as well as simple, practical, and proven financial strategies used by thousands of people to create a life of abundance. By starting to practice these four steps, you will change you life. Make the decision now to take the necessary actions to embark on this journey of creating wealth for yourself.

The 4 Steps to Financial Freedom consist of:

  • Step 1 - Get Healthy and Strive for Great Health
  • Step 2 - Adopt an Open Mindset to Learn
  • Step 3 - Invest Your Time in Financial and Health Education
  • Step 4 - Enjoy the Wealth that You Have Created

You will also learn why financial education is directly linked to your financial destiny. Sean Toh shows you how to get financial education and how you can teach yourself to create and preserve your wealth. He explains the different types of incomes and how you can design a simple model for yourself to take action on so that you can start to see some financial success.

Embark on your financial education today to reach your financial destiny faster!

More information about Sean Toh: www.4stepsfinancialfreedom.com

 

Can be ordered or purchased from Amazon!


 


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  The Power Of Rule 72 & Compound Interest

The "Rule of 72" is a simple, quick and easy way to calculate the length of time in which money doubles at a certain interest rate. To find the length of time in which money doubles at 6%, divide 72 by 6 and you get 12 years. At 12% money doubles in 6 years. The following interest rate calculations (doubling) illustrates the impact of doubling at these different rates.

Below is an example of how you apply the rule of 72.

Compound Interest Example


Take the example as reference, using $10,000 as the initial investment principal. You will be able to see the return based on different interest rates after being compounded.

 

When you consider that mathematical factor and then make the necessary adjustments to the investable amount and the rate of growth adjusted for taxes on the investment you'll be well on your way to understanding the investment process; and be far better able to select the "correct" investment tax structure for your assets. i.e retirement plans, tax deferred investment accounts, charitable trusts and the like.

 

Here is an interesting website where you can learn the basic of investing.

By wdfi.org

 

 

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Credit Plus Health By Sean Toh All rights reserved.