What should I invest 10k in right now?

Where should I invest my money right now?

12 best investments right now

  • Multiple savings accounts. On the same subject : What should I keep in my emergency fund?.
  • Certificates of deposit (CDs)
  • Market capitalization.
  • Government obligations.
  • Corporate bonds.
  • Mutual funds.
  • Index money.
  • Exchange-traded funds (ETFs)

On the same subject :
What is boxoffice movie? Definition of box office 1a : an office…

How quickly can I double my money?

It’s called the Rule of 72. The principle is simple. See the article : What is the golden rule of money?. Divide 72 by the annual rate of return to determine how long it will take to double your money. For example, if you get an 8 percent annual return, it will take about 9 years to double.

How long until my money doubles if I invest at 7%? With an estimated annual return of 7%, you can divide 72 by 7 to see that your money will double every 10.29 years.

Read also :
As a general rule, people with higher incomes in the study reported…

Leave a Reply 0

Your email address will not be published. Required fields are marked *