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 of return?
Denne historien er fra December 16, 2024-utgaven av The New Indian Express Thiruvananthapuram.
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
Denne historien er fra December 16, 2024-utgaven av The New Indian Express Thiruvananthapuram.
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
Beat the SADness
LAST week, during an online video consultation with my patient 'S' from the UK who has been undergoing treatment for depressive disorder with mood swings, I recognised that she was in a helpless state.
Chelsea's Mudryk fails drugs test: Club
CHELSEA forward Mykhailo Mudryk has failed a doping test, the Premier League club said on Tuesday, as reports stated the Ukraine international has been provisionally suspended.
With an eye on elections, UDF to focus on ways to address people's issues
CONTRARY to current tactics of highlighting the ruling front's failures on different issues, the UDF will adopt a different line now: Convincing voters how it proposes to resolve their issues if voted to power.
2 held for dragging tribal man along road
POLICE have arrested two youngsters in connection with the incident in which a tribal man, Mathan, was dragged alongside a car for around 400m near Mananthavady in Wayanad.
Drive responsibly or face the music, MVD tells pvt bus operators
APPARENTLY identifying reckless driving by private bus drivers as a major cause of the alarming rise in the number of road accidents in the state, the motor vehicle department (MVD) has come out with a slew of deterrent measures like geotagging the carriers using GPS and suspending the permit of vehicles that cause serious accidents.
A POIGNANT TALE THAT DISMANTLES SUPERSTITION
The film, which premiered at the 29th IFFK, blends love and loss to critique regressive thoughts while exploring the emotional toll of mental health struggles
Wicked Part 2 gets title & release date
THE second part of the Wicked film, helmed by Jon M Chu, has now been titled Wicked: For Good.
YOUNGEST-AT-IFFK TAG SERVES AS A COOL ICEBREAKER
In a conversation with TNIE, filmmaker Cyril Abraham Dennis speaks about his maiden feature film, Watusi Zombie, and his aspirations
IT TAKES A VILLAGE TO USHER IN CHANGE
AMPONG Bras Basah in the Malay language movie La Luna might be several thousand miles away from Soorajmukhi in the interiors of North India in the Hindi film Laapataa Ladies, but the two quaint fictional villages share quite a lot in common even as both the films have themselves been among the 85 vying in the Best International Feature category at the Oscars.
'BANGLADESH WILL MOVE TOWARDS LIGHT'
Bangladeshi filmmaker Ahsan Kabir Liton opens up on the turmoil his country's cultural space is going through
