How to Double Your Money in 2022: 7 Investment Strategies

Abstract

It's a classic investment tool that can help you gauge how long it will take for an investment to double in value. The higher the growth rate, the less time it will take to double the investment: 72 / 4% Growth = 18.0 Years 72 / 15% Growth = 4.8 Years 72 / 20% Growth = 3.6 Years 72 / 25% Growth = 2.9 Years Here's the big question: how do you obtain a growth rate of 10% or more? As you can see from the numbers above, you need a growth rate of at least 15% if you want to double your investment within five years. There are three ways you can produce a higher growth rate: Invest More Money Invest for a Longer Period Choose High-Return Investments Invest More Money The more money you invest, the more income you can amass. Choose High-Return Investments Investments that offer the highest returns tend to be higher risk. Invest In Cryptocurrency & NFTs Cryptocurrency has become a buzz-worthy investment type over the last several years, and it only continues to grow in popularity. Property investment data can help you choose which type of real estate investment is right for you. Want to become a better stock investor? Click the banner below to take a 47-minute online training class - and discover the 4 secrets to making smarter, safer investment decisions! The information presented is not intended to be used as the sole basis of any investment decisions, nor should it be construed as advice designed to meet the investment needs of any particular investor.