Will you be 50% wealthier or poorer in 5 years time?

How many years do you reckon it would take to double your investment? Look no further than the rule of 72. Let’s say for argument’s sake, you invest R10,000 at 8% per annum in a fixed term deposit at your bank. But you want to cash it in once your R10,000 turns into R20,000. So […]