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Posts Tagged ‘rule of 72’

Financial Management During Economy Downturn

Posted on the November 16th, 2008 under Investment, Savings, Retirement by


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CRISIS IN THE WORLD BUSINESS MARKET

There have been alarming concern about the global economy downturn recently, in addition, the political unstability in Malaysia has also arisen uncertainty in our employment market, money market, share market, inflation, consumer index, consumer spending power/attitude etc. How shall we react on this crisis, or proact on the potential or opportunities?

We have come up some ideas below and hope these ideas could give all of us the directions. But we must take postive actions on these suggestions and ideas, instead of knowing or sitting on these ideas. There are only 4 ideas for easy understanding and actions.

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Introduction to Mutual Fund or Unit Trust Fund

Posted on the October 20th, 2008 under Investment, Savings, Retirement by


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Mutual Fund or Unit Trust Fund Picture

You could have read the investment idea from my post about the Rule of 72 for Money Management and Financial Planning. And I had introduced how mutual fund (or unit trust fund) that could be a great tool to everyone to achieve financial goals.

What is a “mutual fund”?

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Rule of 72 for Money Management And Financial Planning

Posted on the August 16th, 2008 under Investment, Savings, Retirement by


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Building wealth with Rule of 72

For money management and financial planning, Rule of 72 is a golden rule.

Rule of 72 is the most popular financial method to estimate time required to double an investment at a given interest rate, or halve the savings at a given inflation rate.

  1. Years to double = 72 divided by Interest Rate (in percentage), e.g. it takes 12 years to double an investment at 6% interest rate.
  2. Years to halve = 72 divided by Inflation Rate (in percentage), e.g. it takes 12 years to halve an investment at 6% inflation rate.

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