How to Double Your Money with Your Investments in No Time Flat

You should get aggressive with your passive income, and we’ll show you how. Click here to learn how to double your money in no time at all.

According to recent research, debt is more common than ever. In fact, most people die with a whopping $62,000 in debt.

As a result, many people may be looking for ways to claw their way into the black. And you can do it with investments if you invest wisely.

In this article, we’ll talk about how to double your money with proven methods. In some cases, it may take several years, but the methods are pretty much foolproof.

Ready to go double or nothing? Read on!

How to Double Your Money with the Rule of 72

The rule of 72 is a classic way to double your money. While tried and true, this method could take a while, so you should be aware of that when you start.

This is a pretty simple rule. It states that the amount of time it will take you to double your money is the number 72 divided by the rate of return you have on your investment.

If your rate of return is 8%, you will divide 72 by 8. The answer to this equation is 9, meaning it will take you 9 years to double your money.

This method is fairly even and simple, even for those of us who aren’t math whizzes. And it’s proven to double your money, as long as you don’t touch the money you’ve invested.

Investing in Bonds

Bonds are slow to grow, but they’re a sure bet. You won’t strike it rich with a bond, and it’ll take you a while to double your money. Nevertheless, if you’re patient, you’ll earn a return.

These types of investments have almost no risk. The only way you could lose a bond is if a bank went completely bust a la the stock market crash of 1929. But since that’s relatively rare, you’re in safe hands.

Most bonds mature at a rate of about 4%, which isn’t great, but it’s better than nothing.

Doubling with the 50/50 Strategy

A 50/50 approach requires some risk in order for you to double your money. This one doesn’t guarantee you’ll double your bet, but it’s safer than plucking everything you have into a stock and seeing what happens.

With this method, you’ll invest 50% of your money into a bond or a CD. This way, you’ll surely have some money left over. Not only that, but you’ll have money that is actually actively earning interest.

Then, you’ll take the rest of your money and invest it in the stock market. Don’t be reckless and place it on a new company, but choose your stocks to invest in wisely.

If you get lucky, you might find yourself quadrupling your money, or even getting a higher rate of return.

You can use a money calendar to see where you’re at in your investments at any given time.

But, you do run the risk of losing everything you placed on the stock market, which is why experts suggest you leave 50% of your money untouched in the safety of a CD or bond.

Double Your Money with an Employee Retirement Plan

Some employers offer you a retirement plan that doubles the amount of money you’ve put into it.

While this isn’t as thrilling as stocks, or possibly isn’t even as satisfying as watching money mature in bonds, it’s a sure bet.

You can speak to your employer about your retirement package and whether or not they match contributions for you. If they do, this is a quick and sure way to make sure you double your money immediately.

If you still want to take some risk, you may want to put in 75% of your savings and have it doubled. Then, you can invest the rest on the stock market to play your odds. Who knows? You could walk away with a much bigger nest egg than you originally planned for.

Are Stock Markets Predictable?

While you can work with stockbrokers to try and invest in the very best stocks or the ones most likely to rise, you should be aware that nothing is guaranteed. While putting your money in stocks is a little bit safer than using your entire savings to buy lottery tickets, there is still a lot of uncertainty.

A recent study from Vanguard says that at least 60% of the stock market was unexplained after analyzing data from as far back as 1926. This means that educated guesses and using stockbrokers can only guarantee you so much. And that guarantee is about 40%.

As such, past success doesn’t seem to have much bearing on future success. Or at least, it only accounts for 40%. The rest seems to be up to an act of God. Therefore, there is a fair amount of luck involved in hitting it big on the stock market.

Because of this, you shouldn’t expect to double your money on the stock market, at least not right away. Instead, you have to think of it as a game of chess. You’re playing to win, not checkmate your partner on the very next move.

Padding Your Savings Account

After reading this article, you’ve likely learned that how to double your money depends on whether you want to play it safe or go out on a limb. Either way, doubling your money is totally possible, but it’s only guaranteed by going slow and steady. After all, that’s the only way to win the race.

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