Markets Doubling in 5 Years!

Author: John Honovich, Published on Jul 10, 2013

Which is more impressive?

(A) This market is doubling in the next 5 years!

(*) **** ****** ** ******* ** ******* ** **.**% *** year

****, **** *** *********** *** **** *****. * ****** **** grows ** **.**% *** **** **** ****** ** * * year ******. *******, (*) ****** *** **** **********.

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Determining ****** ****** ****

** ******* ***** *** * ****** ** ***** ** ****** (or ******) ** * ****** ** *****, *** *** ****** figure *** *** **** ****** ****** **** ** ***** *********** ****** ****** **** **********, **** **:

Assessing ****** *****

***** ** ***, ****** *** '********' ** '********' ******. ****, do *** *** *** ********* ** ***********, **** "**** ****** is ***** ** $* ********* ** ****" (*.*., ********** **** '*****'). ** *** **** * **** ****** **** *****, *** can ***** *** ********** ***** *********** *** **** ********.

****, ******** **** ****** *********** ****** ****** ****** **** ** recession **** ****** ****** *** **** ****** *******, ***** ** unfortunately, *** *********.

**** *** **** ***** ** ****** *** ****** ****** *****:

  • *** ****** ******* ***** ** ******* * - *% *** year, ** *********** ******** ***** ****** ** *** **** **** this, ********** ** * ***** *******
  • ********** ******* ********* **** **** ****** **** *** ****** *******, because *** ******** *** *****, **** ****** **** *** (**********) improve *** ****** *** ********** ********* *****
  • **** ******* ******* **-**% ******** ** ****** ******
  • ********* ******* ********* **** ** ******* ** **%+ *** **** or **** **%+ *** **** (*.*., ********** ********* ****** **.*% ** ****,******* **** **.*% ** ****).

** *** **** **** *** *** * ****** ******** ** 5 *****, ******** **** ** ****** '** ***' ******. *** use ***** ************ ****** *** *** ****** ****** ****.

Comments (2)

Don't forget the Rule of 72 for quick mental calculations.

From Betterexplained.com:

The Rule of 72 is a great mental math shortcut to estimate the effect of any growth rate, from quick financial calculations to population estimates. Here’s the formula:

Years to double = 72 / Interest Rate

Andy, good rule of thumb! Thanks for calling it out!

For example 72 / 5 years = 14.4, very close to the actual number (14.87)

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