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Himesh Jain

Chasing for infinity • 1y

Hi what are your thoughts on Compound interest Let's say if I invest 10000 Rs every month for 40 years at an annual interest of 8% then after 40 years My invested amount = 48 lacs Money I will get = 3.51 cr But will it really be worthy with an a

Anonymous 1

Hey I am on Medial • 1y

Yes yes. It’ll Matter, I’ll tell you how it’s not accurate, as your income is also expected to grow in those 40 years, you’ll not keep getting the same lpa, so an avg growth in salary of 5-10% is decent.

Himesh Jain

Chasing for infinity • 1y

So what I need to do with that increasing the investment amount ??

1 Reply

Replies (1)

Anonymous 1

Hey I am on Medial • 1y

Even if you consistently keep investing in the nifty 50 you’ll be in the top 0.5% Way more than 3 cr. Just btw. That’s just considering you ONLY invest in Nifty 50, but tum uske alawa bhi obviously kisi stock ya aur koi asset mei bhi invest karoge, so yeah.

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