Double Your Money

How long does it take to double your money? If you get lucky and buy a hot stock at a low price, you can double your money in days, weeks or months. But the prudent long-term investor cannot count on luck to make money in the long run. Long-term investing requires buying the right stocks at reasonable prices and holding them to capture their long-term price appreciation.

The following table includes the the number of years required to double or triple your money assuming different constant annual rates of return.

Years Required to Double or Triple Money
Rate of Return	Double	Triple
1%	70	111
2%	36	56
3%	24	38
4%	18	29
5%	15	23
6%	12	19
7%	11	17
8%	10	15
9%	9	13
10%	8	12

See the buyupside.com Double Your Money calculator to do your own calculations.

Updated February 10, 2008.