
The Rule of 114
The Rule of 114 tells an investor how long it will take for their money to triple in value. Here’s an example using a $5,000 investment.
Rule of 114: Take the number 114 and divide it by the interest rate you hope to receive on your investments. You have $5,000 invested at 9%, so it will take 12 years and 7 months for your money to triple, earning $15,000. (114 divided by 9 = 12.666).