The Rule of 72 is a simple calculation tool for investors to use, but it's not necessarily the most accurate. Here are some more precise options to try.

Merck has raised its dividend for 14 consecutive years and at an average pace of nearly 7% over the last five years. The ...

Andrew Bloomenthal has 20+ years of editorial experience as a financial journalist and as a financial services marketing writer. David Kindness is a Certified Public Accountant (CPA) and an expert in ...

You're making $65,000 a year and wondering if you'll ever see seven figures in your bank account. According to "Shark Tank" investor Kevin O'Leary, not only is it possible – it’s practically ...

Editor's Note: APYs listed in this article are up-to-date as of the time of publication. They may fluctuate (up or down) as the Fed rate changes. CNBC Select will update as changes are made public.

Suzanne is a content marketer, writer, and fact-checker. She holds a Bachelor of Science in Finance degree from Bridgewater State University and helps develop content strategies. Learn about our ...

Find the best and most up-to-date savings rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated return based on the size of your balance. MoneySense is an ...

Tony Armstrong leads the banking team at NerdWallet. He has covered personal finance for over a decade. Tony began his NerdWallet career as a writer and worked his way up to editor and then to head of ...

Short-term guaranteed investment certificates, or short-term GICs, provide a secure way to grow your money, usually in less than a year. You generally earn a fixed rate of return on your deposit, ...

Suppose you have the opportunity to invest in a project that will require a $100 investment today and pay out a single cash flow of $250 in year ...