Question

How to double Money?
without Investment in share market​

Answer 1

If you are an aggressive investor and wish to see your money double itself in a span of 1 year then according to the rule of 72, you need to invest in avenues that provide annualized returns ranging between 70% to 72% (72/72 = 1).

Explanation:

Seeing their money double is the dream of every investor and if that dream is realized in a short span, it is cherry on the cake. But more often than not, the immediate effect of fantasizing about doubling their money is a barrage of questions that plagues the investor. Starting from; how do I double my money? Is there a way I can do so in a short period? Are the guaranteed money double schemes Ponzi? Where can I invest to double my money? so on and so forth.

This list is never-ending and revolves around the risk of losing money over the greed of doubling it. But is it possible to double your money within a time frame you set? The short answer is yes and there are many ways to do so.

Now whenever we talk about doubling wealth over a period of time, an important rule, called the ” Rule of 72″ is employed for calculation. Let us see this rule in action and how it can help you double your money over the years. Read on!

The Rule Of 72 And Money Double Scheme

Doubling Your Money In 1 year

How To Double Your Money?

Riskier Way Of Doubling Your Money

Safer Methods Of Doubling Your Money

Answer 2

Answer:

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Mutual funds: If you have an investment horizon of around 6 to 7 years, mutual funds are the best option to see your money double. They are a safe way to push your money in the investment market and can eventually provide a return of around 12% to 14 %.