For instance, let's suppose that you need to cobble together ₹10 crore over 40 years and you reckon on getting an investment return of 12% per year. If you pop the numbers into excel, you'll see that you have to save a paltry looking ₹7,960 per month.
If you start 10 years later, at the same 12% per year investment return, you'll now have to save a difficult ₹28,000 per month. What if we did fancy to get higher investment return, which would surely get us to our ₹10 crore over 20 years? Well at ₹88,000 this is not easy. What about getting to ₹10 crore in 20 years with a smaller amount and a higher rate or return?
Denne historien er fra December 16, 2024-utgaven av The New Indian Express Anantapur.
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Denne historien er fra December 16, 2024-utgaven av The New Indian Express Anantapur.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
Words of Wisdom for Yashasvi
During a net session ahead of the Boxing Day Test in Melbourne, Kohli, Rahul and coach Gambhir give pep talks to Mumbai batter, who has struggled to spend time in the middle
Three-star Blasters down Mohammedan
KERALA Blasters FC players delighted the home crowd to record a dominant 3-0 win over Mohammedan SC in the Indian Super League at the Jawaharlal Nehru Stadium here on Sunday.
Man Utd humiliated, Chelsea held
MANCHESTER UNITED crashed to a humiliating 3-0 home defeat to Bournemouth in the Premier League on Sunday as Ruben Amorim lost for the fourth time in his nine games in charge of the troubled Old Trafford club while Chelsea were held to a goalless draw at Everton.
The making of fast bowler Boland: Cult hero of MCG
ON a hot Saturday afternoon at the AH Butler Oval, Frankston Peninsula Cricket Club was playing against Camberwell Magpies Cricket Club in the local game on the outskirts of Melbourne.
Mandhana climbs another mountain as India beat West Indies
THERE is a famous bridge that connects the city of Sangli with the rest of the world on the river Krishna called Irwin Bridge.
Nat'l badminton: Unseeded Adarshini enters semifinals
TAMIL NADU'S Sathish Kumar K, who's the No 1 seed, and Adarshini Shri NB entered the semifinals of the Senior National Badminton Championships in Bengaluru.
KNOW LINEAR AND LATERAL THINKING
As a result of geopolitical tensions, scheduled general elections in India during the mid-year and in the USA towards the end of the year as well as valuations that had sky-rocketed, volatility during 2024 was anticipated by many of us.
IS ALGORITHMIC TRADING FOR YOU?
TECHNOLOGY TECHNOLOGY should expand the scope of human skills. There are things that you can do yourself using your skills. You can use technology to support your skills and create something even more potent than before.
Credit card defaults could hurt you badly now
With SC rejecting 30% cap on credit card interest rates, card issuers will now have more flexibility to set rates
Banks' profits spike in first 9 mths of 2024
BANKS have raked in as much as ₹2.7 lakh crore in net income in the first nine months of 2024.
