HOW NOT TO MISS CHANCES TO CREATE WEALTH
The New Indian Express|November 11, 2024
In the world of investments, your biggest enemy is inflation. As you work hard to earn a meaningful living, you constantly strive for more because prices keep rising.
RAJAS KELKAR
HOW NOT TO MISS CHANCES TO CREATE WEALTH

Official consumer price inflation data may say one thing, but inflation is the daily price for consumption. You know things to do to ensure that you are not letting that demon eat into your wealth.

You must ensure that equity and equity-linked assets are always in your portfolios. A primary reason is that equity assets outperform all other asset classes convincingly, giving you the highest return. If you invested ₹50,000 yearly since 1994, you put around ₹14.40 lakh. That money is worth ₹58.8 lakh today if you had invested in a fixed deposit and ₹70.2 lakh if you had invested in a public provident fund. If you had put the same money in gold, it would have been worth ₹1.2 crore. You would feel pleased about that. However, an investment in the Nifty 50 index would have propelled your ₹14.4 lakh into ₹2.8 crore.

この記事は The New Indian Express の November 11, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は The New Indian Express の November 11, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

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