3.4 Rule of 72/compound interest
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Securities and Exchange Commission (SEC)
Responsible for enforcing laws concerning the trading of stocks/bonds. They investigate dishonest deals and keep everything fair
Rule of 72
This mathematical formula allows you to estimate the # of years it will take to double your money
Insider trading
Trading stocks based on information not available to the public (illegal)
Rule of 72 Formula
72 / rate of return
bear market
A period of falling stock prices
Bull market
A period of rising stock prices