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The Rule of 72

The rule of 72 is one of those mathematical formulas that are great because it’s so simple, yet effective in showing you the dramatic effect of compound interest.
Simply, the rule of 72 says that the approximate amount of time (in years) that your money will double is 72 divided by the interest rate (in percentage).
For [...]

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Stock Market Holiday Schedule in 2009

Since the stock market is closed today, I figure it would be beneficial to list out the holiday schedule of the U.S. stock market in all of 2009 so there are no more confusion. In 2009, the stock market is closed on:

New Year’s Day – Jan 1
Martin Luther King, Jr. Day – Jan 19
Washington’s [...]

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