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You are not worth what you earned. You are worth what you saved.

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WEALTH BUILDER

Begin your wealth-building exercise by investing in low risk investments. Increase your risk exposure by investing in higher return investments once your foundation is strong and you become more familiar with investments.

                                 The Magic of Compounding

Did you know that higher the frequency of interest payment, higher is the actual interest paid to you?

Amount of interest received if you invest Rs. 1,000,000  @ 12% p.a. for 10 years at various interest payment intervals.      

  Graph1.gif (7010 bytes)

 

"You can create your financial future through Simple, Systematic, saving  and Investment Plan of PPF.

 

If you invest Rs 2,000 a month for 30 years in Public Provident Fund, which  gives you a 11 percent annual return, Rs 720,000 balloons into Rs. 4,777,000.               
The magic of compounding makes Rs 5,000 a month grow 6.6 times.               
   

      Maturity value of your PPF savings (in Rs.)     (total amount invested is shown in brackets)

Saving
horizon
Rs 2000
a month
Rs 5000
a month
5 years149,000
(120,000)
374,000
(300,000)
10 years401,000
(240,000)
1,003,000
(600,000)
15 years8,26,000
(360,000)
2,064,000
(900.000)
20 years1,541,000
(480,000)
3,852,000
(1,200,000)
25 years2,746,000
(600,000)
6,865,000
(1,500,000)
30 years4,777,000
(720,000)
11,941,000
(1,800,000)

- Warren Buffett

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INSPIRING QUOTES

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USEFUL INDIAN WEBSITES
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Other Links Of Interest

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LARGE MUTUAL FUNDS
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