Learn and understand compounding.
Very few people actually understand how compounding works.
Invest ₹25,000, SINGLE TIME at 15% in 40 years, it’ll be ₹1 crore.
25k turned into 1cr is big compounding and I sincerely believe every Indian can be a crorepati.
Not only a crorepati but multi-crorepati.
Even ₹100 cr is possible this way.
Invest ₹25,00,000 once at 15% CAGR instrument, it gets ₹100cr in 40 years (43 years to be precise). Taking care of all the inflation along the way.
Compounding truly works charm.
Only thing is people aren’t simply aware.
Lately even I’m getting aware that what people are missing is awareness about power of compounding.
On my trip to Varanasi this year, I explained compounding to a local who happened to accompany me to Ayodhya too and apparently ran a hotel.
He was a wise family man and started investing ₹25k, one time, initially for his son’s future.
Recently, he called me and said that now he is investing ₹25k every single month.
You can imagine how enormous wealth he is going to create with time and discipline.
Not only him, he’s also teaching his staff the power of compounding and asking them to start investing regularly, open up SIPs and staying invested in markets for year.
Once you understand compounding, not only you but people around you start living a richer, better and wealthier life.
And I strongly believe, every Indian can be a crorepati. Not only that, everyone of us here can achieve ₹100 crore with proper planning, time and discipline.
