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Pocket Money - SEBI Investor Awareness Website - Securities and ...

Pocket Money - SEBI Investor Awareness Website - Securities and ...

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Smart <strong>Money</strong> FundaeThe Holy Trinity of InvestmentSafety, Liquidity <strong>and</strong> Growth are the three major concerns while investing.SAFETYINVESTMENTGROWTHLIQUIDITYRULE OF 72Roughly, the product of rate of interest <strong>and</strong> the period of investment should be 72if you want to double the amount invested. E.g. if you invest any amount for 6 yearsat the rate of 12%, compounded annually the amount that you have invested will bedoubled!Parameters for taking Bank Loan <strong>and</strong> calculating EMI Amount of Loan Loan Period Rate of Interest147

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