How can the power of investing theory help keep you calm in an unstable market?
Professor Eric White (our newest employee) discusses the power of investing and what compound interest can mean for you. This is a great lesson to think about especially during tough times. Learn more about The Rule of 72!
The rule of 72 is a mathematical concept and does not guarantee investment results nor functions as a predictor of how an investment will perform. It is an approximation of the impact of a targeted rate of return. Investments are subject to fluctuating returns and there is no assurance that any investment will double in value.
The Standard & Poor’s 500 Index is a capitalization weighted index of 500 stocks designed to measure performance of the broad domestic economy through changes in the aggregate market value of 500 stocks representing all major industries.