A Quote by Peter Lynch

The Rule of 72 is useful in determining how fast money will grow. Take the annual return from any investment, expressed as a percentage, and divide it into 72. The result is the number of years it will take to double your money.

Peter Lynch

Quote Topics

Annual Any Divide Double Expressed Fast Grow How Investment Money Number Percentage Result Return Rule Take Useful Will Years Your

Quote Author

Peter Lynch
American - Businessman
Born: January 19, 1944

You know the rule of 72, divide the number into 72, any number you want, and that's how long it will take your money to double.

John C. Bogle

There are three rules for being in the Paper Route Illuminati. Rule number one: get the money first. Rule number two: don't forget to get the money. How do you make that money? You can't make money without making sacrifices.

Young Dolph

More bad news for the Taliban. Remember how they are promised 72 virgins when they die? Turns out that it's only one 72-year-old virgin.

Jay Leno

Let no one rule your mind or body. Take special care that your thoughts remain unfettered... Give men your ear, but not your heart. Show respect for those in power, but don't follow them blindly. Judge with logic and reason, but comment not. Consider none your superior in life. Treat all fairly or they will seek revenge. Be careful with your money. Hold fast to your beliefs and others will listen.

Christopher Paolini

The debt settlement company will direct you to stop paying your creditor and instead send the money directly to them each month. The company's goal is to demonstrate to your creditor that you don't have the money to pay up - that's your leverage. After a few months, the company will typically go to the creditor and say, "I'm holding X dollars on behalf of your customer. He doesn't have the money to pay you, so you should take this amount as a settlement or you'll end up with nothing." If the creditor wants to get paid badly enough, it will take the money.

Jean Chatzky

As a rule, bond funds will not double your money overnight.

Louis Navellier

We welcome private investment, but any company or national firm will be a partner of a venture where the result will go mainly to the Bolivian people. Of course, any investor is entitled to recover their investment and take profits. But be assured that these new functions with our partners will also be reinvested in our country for the benefit of the Bolivian people.

Evo Morales

Truly wealthy people develop the habit of "getting rich slow" rather than "getting rich quick." To assure this, they have two rules with regard to money. Rule number one: Don't lose money. Rule number two: If ever you feel tempted, refer back to rule number one, "don't lose money."

Brian Tracy

The best way to encourage economic vitality and growth is to let people keep their own money.When you spend your own money, somebody's got to manufacture that which you're spending it on. You see, more money in the private sector circulating makes it more likely that our economy will grow. And, incredibly enough, some want to take away part of those tax cuts. They've been reading the wrong textbook. You don't raise somebody's taxes in the middle of a recession. You trust people with their own money. And, by the way, that money isn't the government's money; it's the people's money.

George W. Bush

Being charitable provides a boost to your psyche that is tough to replicate in any other way. But note that although any charity will happily take your money, you can give in other ways and still reap the same happiness reward. Volunteering and donating your old or unused belongings have the same result.

Jean Chatzky

I've been very lucky with the people I've met over the years. Way back in the early '70s I went to [Phil] Seuling's conventions for something like three years in a row from '70 to '72 and I remember at the '72 luncheon with the Academy of Comic Book Artists and talking with John Romita about the kind of brushes he used. Pros ask pros the same questions that fans do. "What kind of pens do you use? What kind of brushes do you use?" I was so amazed that the wonderful work John Romita was doing was accomplished with a Windsor-Newton series 7 Number 4. Not a 2 or a 3, but a 4.

Mike Royer

A fast food job, for most people, should be an entry level position. If you see no path for advancement beyond that, it's time to take a real fast look at your human capital and learn a skill that will make you more money.

William J. Bernstein

As president, the first thing I will do is secure the border. It will take money, manpower, and technology - but most of all, it will take political will.

Carly Fiorina

You know, money will never save anyone. Compassion can save someone, love can save someone, money will never save anyone. And as long as the entire society will put money first... Money should be like third or fourth or fifth, I'm not saying lets get rid of money, but how can we put money as number one? As the only value, like if you are rich, you're famous you go VIP, why? It's just insane, the way we've transformed the society.

Luc Besson

If you behave like a good citizen, and you upgrade and improve your property, your reward will be the government will take more money from you. So using that analogy, you should let your house become the shithole on the block and they'll reduce your taxes and you'll pay less. Be a bad citizen with your neighbors, right? You'll save money then.