Best answer

1. Mutual funds: If you have an investment horizon of around 6 to 7 years, mutual funds are the best option to see your money double. They are a safe way to push your money in the investment market and can eventually provide a return of around 12% to 14 %.

Answered by: jjnguy Date created: May 14, 2022

How can I double my money in 4 years?

Asked By: First Zero Date created: May 12, 2022

If you divide your expected annual rate of return into 72, you can find out how many years it will take you to double your money. Let's say, for example, that you expect to get returns of 10 percent a year. Divide 10 into 72, and you discover the number of years it takes you to double your money, which is seven years.

Answered By: DeanAttali Date created: May 13, 2022

How can I double my money per year?

Asked By: burningalc Date created: May 02, 2022

The rule states that the amount of time required to double your money can be estimated by dividing 72 by your rate of return. For example: If you invest money at a 10% return, you will double your money every 7.2 years.

Answered By: Dupinder Singh Date created: May 02, 2022

Can you make money from Android apps Reddit?

Asked By: Kiv Date created: May 13, 2022

I had made around 15 apps for the Android store. ... Most apps make less than a dollar per month. Had one make around 800 total with ads and in app purchases. I have another one that is gaining traction that i am making 100 per month in ads and in app purchases.

Answered By: Nbn Date created: May 16, 2022

How can I double my money in 6 months?

Asked By: Filip Roséen - refp Date created: May 04, 2022

Here are some best 5 ways to double your money fast.Stock Market. Investments made in the stock market have always given a high rate of returns to people. ... Mutual Funds (MFs) ... National Savings Certificates. ... Corporate Deposits/Non-Convertible Debentures (NCD) ... Kisan Vikas Patra (KVP)

Answered By: Damjan Pavlica Date created: May 05, 2022

How can I double my money in Nigeria?

Asked By: hallski Date created: May 07, 2022

Below are some carefully selected ways you can double your money in Nigeria.Put your assets to work:Buy shares:Dividend re-investment:Federal Government of Nigeria (FGN) bonds:Forex trading:Cryptocurrency trading:Cryptocurrency investment platforms:Setting up a side hustle:More items...

Answered By: jamesmhaley Date created: May 07, 2022

How can I double my money every 3 years?

Asked By: slebetman Date created: May 03, 2022

The rule can tell you how fast you can double your money. Divide 72 by the interest rate at which you are compounding your money, and you will arrive at the number of years it will take to double in value. For instance, you money will double in 3 years if you are compounding at 24 per cent (ie 72/24 = 3 years).

Answered By: Boiethios Date created: May 06, 2022

How can I double my money in 1 day?

Asked By: sta Date created: May 10, 2022

Here are some best 5 ways to double your money fast.Stock Market.

Investments made in the stock market have always given a high rate of returns to people.

...

Mutual Funds (MFs) ...

National Savings Certificates.

...

Corporate Deposits/Non-Convertible Debentures (NCD) ...

Kisan Vikas Patra (KVP)Apr 29, 2019.

Answered By: EdChum Date created: May 12, 2022

How can I double my money in 21 days?

Asked By: MauricioLeal Date created: Apr 30, 2022

ROI – Rs 15000/- – Rs 50000/- of investment will get 10% return per month, Rs 50000 and above of investment will get 14% return per month for 101 months.

Answered By: Paul Dixon Date created: May 03, 2022

How can I double my money overnight?

Asked By: breq Date created: May 14, 2022

7 Ways to Double Your Money (Fast)Open an account with a trading service such as Robinhood or Webull, which offer free stocks for opening or funding an account or for inviting friends to join.Buy IPO stock.Flip sneakers purchased on Stockx on eBay or via the Snkrs app.Sell freelance services on the Fiverr platform.More items...•Jul 22, 2020.

Answered By: kakarukeys Date created: May 17, 2022

How much money does a leaky faucet cost?

Asked By: Andy Brown Date created: May 07, 2022

On average, a leaking faucet will cost around $20 per month. Now, that does not seem like much in the overall scheme of things. However, it can quickly add up. If you have more than one leak, that cost is going to double, triple, and even quadruple.

Answered By: mob Date created: May 10, 2022

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How fast can I double my money in the stock market?

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