Comments on: Rule of 72 & Understanding Compounding Interest http://www.bargaineering.com/articles/rule-of-72-understanding-compounding-interest.html personal finance blog with anecdotes, advice and commentary. Sun, 08 Nov 2009 00:35:16 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: Jim http://www.bargaineering.com/articles/rule-of-72-understanding-compounding-interest.html/comment-page-1#comment-301555 Jim Thu, 09 Apr 2009 13:12:40 +0000 http://www.bargaineering.com/articles/rule-of-72-understanding-compounding-interest.html#comment-301555 Very true, but if you have a calculator you might as well do the math out. :) Very true, but if you have a calculator you might as well do the math out. :)

]]> By: Michael http://www.bargaineering.com/articles/rule-of-72-understanding-compounding-interest.html/comment-page-1#comment-301542 Michael Thu, 09 Apr 2009 04:06:00 +0000 http://www.bargaineering.com/articles/rule-of-72-understanding-compounding-interest.html#comment-301542 It's worth noting that the "Rule of 69" is more accurate (since the ln(2)=.6931...), but many people choose the Rule of 72 since it is easier to divide by more numbers in your head. 72 is divisible by 2,3,4,6,8,9,18,24,36 whereas 69 is divisible only by 3 and 23 (excluding the trivial divisibility by 1 and the number itself, of course). if you are allowed a calculator, divide using 69 instead for better accuracy... It’s worth noting that the “Rule of 69″ is more accurate (since the ln(2)=.6931…), but many people choose the Rule of 72 since it is easier to divide by more numbers in your head. 72 is divisible by 2,3,4,6,8,9,18,24,36 whereas 69 is divisible only by 3 and 23 (excluding the trivial divisibility by 1 and the number itself, of course). if you are allowed a calculator, divide using 69 instead for better accuracy…

]]> By: Uncle Foobar http://www.bargaineering.com/articles/rule-of-72-understanding-compounding-interest.html/comment-page-1#comment-5080 Uncle Foobar Fri, 31 Mar 2006 03:14:57 +0000 http://www.bargaineering.com/articles/rule-of-72-understanding-compounding-interest.html#comment-5080 The only investment that i know of reaching the 10-12% dividend yield are Oil Royality Trusts; see BPT or San Juan Basin. It's a depleting commodity so it fluxuates; you also have to trust the reserve math. Foob The only investment that i know of reaching the 10-12% dividend yield are Oil Royality Trusts; see BPT or San Juan Basin.

It’s a depleting commodity so it fluxuates; you also have to trust the reserve math.

Foob

]]> By: Walter http://www.bargaineering.com/articles/rule-of-72-understanding-compounding-interest.html/comment-page-1#comment-1547 Walter Thu, 13 Oct 2005 07:32:43 +0000 http://www.bargaineering.com/articles/rule-of-72-understanding-compounding-interest.html#comment-1547 Great!-- Where can I sign up for this 12% interest rate for my savings? ;-) Great!– Where can I sign up for this 12% interest rate for my savings? ;-)

]]> By: Valued Living http://www.bargaineering.com/articles/rule-of-72-understanding-compounding-interest.html/comment-page-1#comment-73 Valued Living Mon, 14 Mar 2005 02:00:02 +0000 http://www.bargaineering.com/articles/rule-of-72-understanding-compounding-interest.html#comment-73 <strong>Rule of 72 Explained</strong> I learned about the Rule of 72 as a way of quickly determining how long it would take to double your money at a given interest rate. A relatively new financial weblog that I've been following, Blueprint for Financial Prosperity, seems to explain it... Rule of 72 Explained

I learned about the Rule of 72 as a way of quickly determining how long it would take to double your money at a given interest rate. A relatively new financial weblog that I’ve been following, Blueprint for Financial Prosperity, seems to explain it…

]]> By: tim http://www.bargaineering.com/articles/rule-of-72-understanding-compounding-interest.html/comment-page-1#comment-42 tim Tue, 08 Mar 2005 19:39:50 +0000 http://www.bargaineering.com/articles/rule-of-72-understanding-compounding-interest.html#comment-42 Good one, didn't know about the rule of 72. could have used some more meat in the story but I suppose you were going for a quick and simple article. Good one, didn’t know about the rule of 72. could have used some more meat in the story but I suppose you were going for a quick and simple article.

]]>