How can I get 1 crore in 10 years Quora?
How can I get 1 crore in 10 years Quora?
- Invest around 65000 per month for three years and wait for seven years.
- Invest around 42000 per month for five years and wait for five years.
- Invest around 31000 per month for ten years.
- Invest around 50000 per month for the 1st year and then reduce by 5000 every year.
How can I save 1 crore in 5 years Quora?
Can we accumulate Rs 5 crore by investing monthly SIP of Rs 45,000 in just 5 years? Theoretically, the answer is “Yes,” but practically, the answer is “NO.” Don’t worry; we will tell you the reason why are we saying this. Now, as you said that you are looking to invest in a monthly SIP of Rs 45,000 to accumulate Rs.
What is the best way to earn Rs 200 crore a year?
The best way to earn it is a politician , join a local party , work hard for the party show them that you are capable of becoming a leader, head the party in the elections and win it. Get a approval for some Yojna from the centre that will cost 200 crores. Spend some 5 to 6 crores in the Yojna itself .
How to invest Rs 1 crore at age 52?
By investing Rs 10,000 through monthly SIPs and increasing it by 10\%, you can create a corpus of Rs 1.60 Crores after 20 years. Therefore, your goal of having Rs 1 Crore at age 52 can be easily met. However, from this SIP if you take out the corpus at the end of the 7th year (in 2025), the same will only be Rs 16.50 Lakhs.
How to build a bank account of Rs 1 crore in 10 years?
Making Lump sum or SIP investments into Mutual Funds can help in accomplishing the target in just few years. If you want a bank balance of Rs 1 crore in 10 years you will need to invest Rs 50,000 per month.
How can I invest 40\% of my salary to reach 100 crore?
If you are in middle income group (6L to 10L/Year) than have a portfolio of MF, Debt FUnd and Stocks and invest your 40\% constantly for 30 years. You might be end up with 7 to 8 Cr. You can also start bussiness and achieve 100cr target by reinvesting your money in something at you are good.