Become Crorepati
Welcome
For becoming crorepati you need not to borrow money and invest, nor require any miracle or luck / lottery or getting married to crorepati family.
Yes you can become Crorepati with your regular income if you plan and invest correctly.
Becoming a crorepati depends upon three factors:
- The amount invested every month/year or one time Investment
- Rate of returns (Selecting a right asset class)
- Time period the amount stays invested
A disciplined approach towards saving and sensible investing choices will take you to your first crore as long as you allow compounding to do its magic.
If you were to save and invest Rs.7000 / Rs.10000 / Rs.15000 / Rs.20000 per month for just 15 years / 10 years / 8 years / 5 years respectively than you could become crorepati in 25 years / 23 years / 21 years / 21 years from now.
Below table shows with deferent options of save and invest to become crorepati.
| Option 1 | Option 2 | Option 3 | Option 4 | |
| Invest monthly | Rs.20000 | Rs.15000 | Rs.10000 | Rs.7000 |
| Just Pay for (A) | 5 Year | 8 Year | 10 Year | 15 Year |
| Stay for (B) | 16 Year | 13 Year | 13 Year | 10 Year |
| Number of years to become crorepati from now (A+B) | 21 year | 21 year | 23 Year | 25 Year |
OR
| Invest only once | Rs.15 Lakh | Rs.10 Lakh | Rs.7 Lakh | Rs.5 Lakh |
| Become crorepati after | 17 Years | 21 Years | 23 Years | 25 Years |
Assumed 12% compounded growth per year.
After all someone said that “the Big Money is not in the Buying and Selling but in the Waiting”.
For more details, fix a appointment with Wealth Emperor
