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 returns, 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 of return?
Denne historien er fra December 16, 2024-utgaven av The New Indian Express Kalaburagi.
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Denne historien er fra December 16, 2024-utgaven av The New Indian Express Kalaburagi.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Ashwin's big spin: Goodbye to int'l cricket
INTRIGUE and suspense, the moments leading up to the revelation seemed like an episode right out of the pages of mystery books. It all started as murmurs as if something unexpected was going to happen. It seemed like a premonition. The cameras in the stadium that seem to be omnipresent and miss nothing panned it on an emotional conversation between two luminaries of Indian cricket - R Ashwin and Virat Kohli here at the Gabba.The veil was lifted when Ashwin walked out with the India skipper Rohit Sharma for the after-match press briefing. Someone retiring midway is rare but knowing Ashwin, the announcement wasn't a surprise. He dropped the bombshell, just like taking wickets, out of nowhere. After spending years at the highest echelon of the sport, he would not want to travel if his services are not needed.
WINE, VINES & A PERFECT GETAWAY
A long-awaited one-day vineyard getaway from Bengaluru is finally possible now; and it's as delightful as it is unexpected and affordable...
Boy who evolved as a match-winner
BACK then, few would have imagined a young boy from West Mambalam, Chennai, who enjoyed playing tennis ball cricket with his father Ravichandran, would one day go on to play for his state and then take 537 wickets for India in Tests.
Halep gets wildcard for Oz Open qualifier
SIMONA HALEP was handed a wildcard for Australian Open qualifying on Wednesday as the two-time Grand Slam champion attempts to ramp up her return to tennis following a doping ban.
PKL: Tamil Thalaivas rout Warriorz 60-29
MOEIN SHAFAGHI and Himanshu dished out superb performances as Tamil Thalaivas thrashed Bengal Warriorz 60-29 in their Pro Kabaddi League match here on Wednesday.
EVENTFUL CONTEST BEFORE RAIN FORCES A DRAW
IN the end, the result only seemed fitting. On a day that saw eight wickets fall in 24.1 overs in just over five hours and multiple rain and thunderstorm breaks, India and Australia shook hands to call it a draw at 3.25 PM (local time).
Navy's Kiran sails past stars to corner nat'l glory
UP against two established rivals, Navy's Kiran Ankush Jadhav held his own to come out on top in the men's 50m rifle 3 positions (3P) event of the ongoing national shooting championship at the MP State Academy Shooting range in Bhopal on Wednesday.
Vinicius, Bonmati FIFA Best players of the year
REAL Madrid attacker Vinicius Junior won the FIFA Best men's player of the year award at a ceremony in Doha on Tuesday, while Barcelona midfielder Aitana Bonmati picked up the women's prize for the second time.
Sensex sheds 2k points in 3 sessions ahead of Fed decision
AFTER recovering over the past three weeks following two months of selling, domestic equity market is once again under pressure as investors adopt a cautious stance ahead of the crucial Federal Open Market Committee (FOMC) meeting outcome on Wednesday night. Weakening rupee and underwhelming macroeconomic data are dampening market sentiment.
GIC buys majority stake in AHH for $150 mn
AHH sees growth in specialty healthcare enterprises
