86 - How to Double Your Money

Episode 86,   May 04, 2021, 05:27 AM

Simply saving your money and depositing it in a bank account isn’t enough to become financially independent. Over time, inflation will erode the value of your savings account. In this episode of The Money and Business Hour, Roy Matlock Jr, Roy talks about The Rule of 72 and how to double your investments. In order to gain financial independence, you may need to invest your money, picking an investment vehicle such as stocks, bonds or real estate. Tune in to learn more about which options match your risk tolerance best.