Have you heard of the Rule of 72 in investing? This simple formula is a quick and easy way to estimate how long it will take for your investment to double in value. To use the Rule of 72, you divide 72 by the annual rate of return on your investment. For example, if you have an investment with an annual return of 6%, dividing 72 by 6 gives you 12. This means it would take approximately 12 years for your investment to double in value at a 6% annual return. The Rule of 72 is a useful tool for setting long-term financial goals and understanding the power of compounding. By knowing how long it will take for your investments to double, you can better plan for your financial future and make informed decisions about where to put your money. Remember, the Rule of 72 is just an estimation and actual results may vary, but it's a handy rule of thumb to keep in mind when considering different investment opportunities.