DOUBLING Your Money In The Stock Market - How Long Does It Take To Double Your Investments? 💸💸

preview_player
Показать описание

Today we'll talk about the rule of 72.

-----------

Want to join The Investing Academy Community? If so, be sure to check out our website. We offer online courses for Canadians that will give you a full understanding of the stock market fundamentals, walk you through step-by-step in getting your accounts set up, or take your investing to the next level.

You’ll also get to become part of our private community to meet the other students and work alongside of us.

-----------

Follow Us Here:

-----------

🏦🇨🇦 Sign Up Bonuses 💰💸:

Social Media can sometimes seem like the Wild Wild West, where almost anything goes. We’re not big fans of that, so we want to make something perfectly clear. The above affiliate links are provided for your convenience, and if you click on a link and end up purchasing a product or service, this channel may receive compensation for the referral. We have personally vetted each of these companies and services and, in our opinion, we believe they provide value to our viewers, depending upon your individual circumstances. Thanks for reading the fine print!!

-----------

About Brandon Beavis:

Brandon Beavis was one of the youngest advisors to become fully licensed here in Canada.

In 2013, Brandon officially began his industry studies. Over the years he has completed his CSC (Canadian Securities Course), CPH (Conduct & Practices Handbook), WME (Wealth Management Essentials), 90-day Investment Advisor Training Program, attended the Manulife Professional Development Workshop in Oakville, ON, and attended countless industry seminars, conferences & events to help further his learning.

At age 20, he became a fully licensed Investment Advisor, working for one of Canada’s largest Investment Brokers, Manulife Securities. For 4 years, he worked alongside a highly experienced team at Beavis Wealth Management, specializing in High-Net-Worth Investing. He’s had the opportunity to work under his Father, an advisor of over 25 years, and has dealt hands-on with client portfolios, involving; analyzing, building, and managing multi-million-dollar client accounts.

-----------

About Marc Beavis:

Marc is a retired Portfolio Manager, having spent over 25 years in the investment industry, managing multi-million-dollar portfolios and working with clients of all ages. He retired in 2021 and is a regular contributor to this channel.

Following his initial licensing back in 1996, he completed a number of industry courses, including the Derivatives Fundamentals and Options Licensing Course, Portfolio Management Techniques, Wealth Management Essentials, Investment Management Techniques, Fixed Income Investing, Hedge Fund Essentials, Portfolio Theory, and of course, the Canadian Securities Course.

Marc previously served as a Director of the Canadian Association of Financial Planners (Now FP Canada) including the roles of Vice President and Director of Ethics.

When working in the industry, he held the Chartered Investment Manager (CIM) Designation as offered by the Canadian Securities Institute. In addition, Marc was a Certified Financial Planner (CFP) practitioner, the industry gold standard in financial planning.

Disclaimer: The views and opinions shared on this channel are for informational and educational purposes only. Although previously licensed, the contributors are no longer industry participants and are not licensed to provide financial advice. They strive to provide you with educational information in an entertaining manner. Always do your own research and due diligence before investing. Generally speaking, you should consult a licensed investment professional before investing.

Рекомендации по теме
Комментарии
Автор

Have you used the Rule of 72 before? Leave a like if you learned something new! Thanks for watching :D

beaviswealth
Автор

That’s dependent on the position(s) you selected and at what price you entered.

In about a year I made about a 200% return on AMD, in 2 months I’ve made about a 30% return on ABBV and in about 8 months I’ve made about 100% return on Switch.... there’s no real time table for returns, it just depends on what you select and when you entered.

dividendincome
Автор

So if I put all my money in a CIBC chequing account which has an interest rate of about 0.05 percent...

72/0.05 = 1440 years!

Oh dear. This is going to require some financial discipline. Have to avoid spending any of that cash until the year 3460 AD.

Kevin_Street
Автор

I put $10, 000 in the stock mark at the end of February. I currently have over $60, 000. Feed your wealth off others fears and/or stupidity. Of course knowing it will drop eventually that's when you pull out wait for the market to bottom out and reinvest at that point. The goal is to be patient yeah at some point I wanted to pull out when I was -3000 but that's why you either invest with other people's money or money that you weren't going to use to pay bills in the first place. Slow and steady wins the race

schfaunharrington
Автор

The safest way to double your money is to fold it over and put it in your pocket.

SchoolOfDropshipping
Автор

Love the 'Rule of 72'... Compounding is magic! And always remember... when you double your double, that's 4-times from where you started! That means 8% annual returns delivers a double in 9 years, a quadruple in 18 years, 8-times return in 27 years and 16-times over 36 years. Factor in new money and we're talking real money!!! Start early folks!

scottscriticalmass
Автор

Are you going to buy CLX because of the discount

jacksonhanner
Автор

Unless we're Jeremy from Financial Education...


We can only hope to get 150%+ returns in 6 months! LOL

NickPeitsch
Автор

Something about the number 72 is just so magical

justintaylor-moneymindset
Автор

Interesting. Never knew there was a rule for that. Time to double that money...

thewongmindset
Автор

How does someone get a higher return rate when most banks only offer a small percentage

vietxsoul