| YEARS | PRINCIPAL | INTEREST EARNED | PRINCIPAL+INTEREST EARNED | |||
|---|---|---|---|---|---|---|
| 1 | 100 | 10 | 110 | |||
| 2 | 110 | 11 | 121 | |||
| 3 | 121 | 12.1 | 133.1 | |||
| 4 | 133.1 | 13.31 | 146.41 | |||
| 5 | 146.41 | 14.64 | 161.05 | |||
| 6 | 161.05 | 16.1 | 177.15 | |||
| 7 | 177.15 | 17.71 | 194.87 | |||
| 8 | 194.87 | 19.48 | 214.35 | |||
| 9 | 214.35 | 21.43 | 235.8 | |||
| 10 | 235.8 | 23.58 | 259 | |||
Just imagine this, you are a young 20 year old… and on JUST one day… instead of having your branded coffee for 125! You opted for the street coffee at Rs. 25.
The amount 100 saved on just one day invested at 15% per year for the next 40 years. How much would your saving of just Rs.100 converted ? Rs. 26,786.
There is a simple sure-shot formula to get rich. Start saving and investing early, compound regularly at reasonable rates of return.
Equity markets give highest returns compared to all asset classes and also include benefit of compounding as we know. Invest for long term in Value pick stocks and multibagger stocks and get unbelievable returns over long term horizon.
