Magic Of Compounding
Einstein Once Said Compounding is The 8th Wonder Of The World.
If you Invest 100000 when you are 20 years old @ 20% pa and withdraw your amount when you are 50 years old, your amount would have grown to 2.737 crores. If you invest the same amount when you are 25 years old and withdraw it when you are 50 years your amount would have grown to 95 Lakh 39Thousand.
This is the Magic of compounding. Investing 5 years early can earn you 1.85 crores more, which is 300%(3x) more than what you would have got if you had invested 5 years Later.!!
If you Invest 100000 when you are 20 years old @ 20% pa and withdraw your amount when you are 50 years old, your amount would have grown to 2.737 crores. If you invest the same amount when you are 25 years old and withdraw it when you are 50 years your amount would have grown to 95 Lakh 39Thousand.
This is the Magic of compounding. Investing 5 years early can earn you 1.85 crores more, which is 300%(3x) more than what you would have got if you had invested 5 years Later.!!
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